VIX & SPY

Bought uvxy on average @ 54.04 x 3000 with its bullish falling wedge , the market does look toppy with ukraine uncertainty, need to find protections, first target @ 58-60ish

26/03/2014 continues

in the previous post, timing is a bit off, but does not change the roadmap and projection for a correction in the near term, here is a correlation between spx and xrt, 50days cross 200days on xrt is near, which would be very bearish for the broad markets. charts don't lie

More dips are coming for the following week of March 24, 2014

spx dropped 0.61% on today's fomc meeting, this would leads to a minor H and S pattern with the downside target of 1800 ish
in the meantime, vix has stayed above its 10,20,50,100,150,200 moving averages, which is bullish.
bought xiv puts at $31 looking for a drop to $20s in the coming weeks

VIX - SPY - FUTURE PROJECTION