Any break up from the down trend line says we start a more meaningful up move first.
If my scenario plays out we will have a great opportunity to buy XIV at a bargain of about $10, for a multi-month triple digit expected gain.
Sunday, November 15, 2015
Thinking Out Loud
I am looking at this selloff to abate this week, and a Thanksgiving Day rally to commence. Then we sell off again into the Santa Claus rally, which gives way to selling into the New year. I think we move down to 1760 area on the futures late winter before start a new rally phase.
Any break up from the down trend line says we start a more meaningful up move first.
If my scenario plays out we will have a great opportunity to buy XIV at a bargain of about $10, for a multi-month triple digit expected gain.
Any break up from the down trend line says we start a more meaningful up move first.
If my scenario plays out we will have a great opportunity to buy XIV at a bargain of about $10, for a multi-month triple digit expected gain.
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