Chief_Tardis

SVXY breakout or pullback

Chief_Tardis Updated   
AMEX:SVXY   ProShares Short VIX Short Term Futures ETF
At resistance range and at breakout level, upholding factors is the IHS - got to watch ....

Trade idea...if it breaks out of the red line on top...a long trade and impacts SPX too....if it holds down from here a quick short
Comment:
also provides clues for SPX500 direction
Trade closed: target reached:
not holding
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