TVIX Trade on Mar 3, 2020 14:36 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Market vol product

Catalysts / News / Painting the picture

-Fed announced 50 basis points cut today
-Strong move to 310 on SPY then faded all day (TVIX strength all day)
-Coronavirus fears continue

Technical Analysis

-Strong pullback in the morning after fed cut rates
-Uptrend all day after that
-Levels: 90, 102, 110, 115, 124

Original Plan / Strategy

First test short of 121 level

Review

Took profits quickly, OGT

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-03 14:36:21	TVIX	sell	$120.830	short
2020-03-03 14:36:33	TVIX	sell	$120.790	short
2020-03-03 14:37:09	TVIX	buy	$119.520	short
2020-03-03 14:37:29	TVIX	buy	$119.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175789&end=20200303150729&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175789&end=20200303160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175789&end=20200303160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175789&end=20200402&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}