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TAKE PARTIAL PROFITS ON VOLATILITY ETF AND MOVE THE STOP ON THE REST $XIV $TVIX $SPY $QQQ $IWM $VIX $VXX

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TAKE PARTIAL PROFITS ON VOLATILITY ETF AND MOVE THE STOP ON THE REST $XIV $TVIX $SPY $QQQ $IWM $VIX $VXX

This post was just published on ZYX Buy Change Alert.

XIV is an inverse volatility ETF that goes up when the market goes up.  30% of the full position size is being held from an average price of $16.45.  XIV closed at $19.54 and in the pre-market it is trading at $19.33 as of this writing.

Consider taking profits on a 15% tranche in the zone of $19.08 to $19.73.  Moves stops on the remaining 15% in the zone of $18.23 to $18.43.

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