Tuesday, November 20, 2012

SPX analysis, no new trades, Nov/20/2012

Watching for the SPX to start rolling down again after VIX expiry on Wednesday. One can see how TLT is down 1% for the day which might bring a little rally tomorrow and possibly on friday. I will be looking to enter some short positions tomorrow and friday to see if we hold these higher levels. VIX is at good levels right now and I am ready to buy dips here under $15 level. Looking to get in SPX put spreads and VIX call spread, while I play my other short term positions.

SPX daily chart

SPX daily chart showing a possible down-trend to continue

TLT daily chart supporting SPX

VIX daily chart































































 
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