Wednesday, 19 March 2014

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


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