ETF Trading Research 6/12/2019

Took some good profit early on and made up for some Friday/Monday trades, but market couldn’t make up its mind the rest of the day. I waited for the right time I think to get short and took the risk without the signals to do so tonight based on the early move up in TVIX triggering long. But after recalcuating things, TVIX has not yet triggered but the good news is UVXY has as I track it internally too. SVXY also never did get to a buy you’ll notice, and that is the FIRST time that has happened all year. Is something big brewing in TVIX? I have to think so with these signals.

I think miners are about done. Possible small move up still but what if Fed doesn’t lower rates? Gold/silver/miners will get hammered with the market. This is a tough Fed meeting to predict, but as of right now, a .25 decrease is priced in.

We will be buying the dip in miners. Prefer 1300 gold area if we can get there. I did mention today that a buy and hold strategy isn’t a bad way to go with miners too. I am trying to time it with a deflationary contraction if/when it comes.

Nat gas we nibbled at but before oil data sold quickly. Will look to get long if it can get into the 16’s most likely. Maybe low 17’s. Can still break to new historic lows.

Like to see TMF pop up tomorrow but either way, just need /ES to break 2875.25 and it tried 3 times today. Perhaps overnight we get some selling overseas and market cracks a bit. Hopefully cracks into next week.

They wouldn’t let it crack today. But oil sure did take off. Lot to be said for trailing stops there.