$UVXY market hedge
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
You NEVER want to see the market rally in a bearish market right before an important CPI inflation report. A lot of stocks are looking bullish right now, but sentiment could flip quickly tomorrow.
My team will be using $UVXY as a market hedge. We entered in premarket at $12.60. Our take profit is yet to be determined but our stop loss is set at $11.50
ENTRY: $12.60
STOP LOSS: $11.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
You NEVER want to see the market rally in a bearish market right before an important CPI inflation report. A lot of stocks are looking bullish right now, but sentiment could flip quickly tomorrow.
My team will be using $UVXY as a market hedge. We entered in premarket at $12.60. Our take profit is yet to be determined but our stop loss is set at $11.50
ENTRY: $12.60
STOP LOSS: $11.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
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Our only open trades currently are $CLSK $SNE and $UVXY
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$CLSK has been closed after reaching our take profit!
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We forgot to mention on this post that we closed $SNE yesterday as well. $UVXY was our only play going in to today. We do not like timing the market, but in times of volatility we won't shy away from utilizing our hard-earned skills. We executed a great entry here, and will hold until further notice.
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Looks like we got confirmation for a possible blast off tomorrow. Good luck and remember to set trailing stop-losses in profit to be on the safe side!
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Seems like the FEDs aren't willing to get their hands dirty just yet by causing a drop in the markets themselves. My team is setting a stop-loss at $12.60 to break even if $UVXY price drops to that level. We don't believe that it will, but you can never be too careful!
