man, can you imagine be SHORT the VIX? Ouch ..

SVXY is a short the VIX ETF.

it has crashed. ouch.

anyway, wanted to show you a VERY powerful and simple PROJECTION technique. On a “MONTHLY” chart use the first Signal Reversal Candle (the high of the low bar is taken out on close for UP and vice versa) and subdivide it by 1/8ths. My mentor Mike Jenkins showed it to me .. .www.stockcyclesforecast.com

enjoy the chart …

SVXY w/ 1/8 signal reversal candle projection technique

SVXY w/ 1/8 signal reversal candle projection technique

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: