SP500 Italy Vote Weekend

3 dic 2016

Nothing too difficult here. I think that Italy will vote to leave the EU and we will have a little correction. BUT, I just don't think it will be that great. I am aiming for the blue box. In other words, a retracement to the 38% to 50% then bounce right before the rate hike. I do not think this vote will be as great as the Brexit because it appears to have been talked about sooo much that it is partially priced in, IMO.

I bought into TVIX for a short pop. I will post the chart as I see this playing out.

3 dic 2016

Nota

TVIX Chart



I am aiming for the 200DMA for PT for a post rate hike.