Sorry I have not updated the blog in about a week, I will try to stay more on top if it.
Well the two worst months of the year are fast approaching, and volatility levels are low and building a base of support. There are a few things that I'm watching to be more prepared for any event that happens this fall. The first is gold, if big spikes in gold are being bought chances are investors are preparing themselves for some volatility. Gold is a great place to be if investors are worried about volatility levels rising. The next thing I stay on top of through out the day is the $VIX and $RVX.
To play a potently rise in gold prices, I have constructed a broken wing butterfly below.
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