I'm At It Again: Into SPXU Dec 21 '13 $19 Calls @ $0.13...

Decline on VIX is slowing down... Potential MACD bearish divergence on SPY 10-day 15-minute charts...

It's the same signal I've been taking all year round, but there's nothing I want to be bullish on except for my industry...

This SPXU call gives me until December 21 to be right and the bulls might still come in and sell my SPXU calls, but based on the trajectory of the 3-month SPXU, an unforeseen reversal will catapult the SPXU to take out levels through to at least $19 or $20.

The FWFOCH will be in focus soon as well...