VX is near all time lows, had a nice rejection today off the 14.05 level which has sparked a rally. I wouldn't want to be shorting SPY or anything else until this gains some more strength. It had been slowly grinding down in a stair stepping manner which usually means it's going to continue.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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