They're trying to break out above ST resistance range

#qqq #tqqq #svxy #vxx Potential "abc upside correction" resistance comes in at 2,705.75 for S&P futures. They're currently trading at 2,712 - so a breakout attempt is in progress.

Anything above that on a 1-hr, 4-hr or daily close will open the door to a run to 2,820.

I'm reticent to fade rallies right now given seasonality and potential catalysts by Fed, Trump / China and EOY performance-juicing.

Holding longs in equities and shorts in volatility!!

Posted to Peak Analytics' Direction... on Nov 28, 2018 — 12:11 PM

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