Although we found no real-time trading opportunities during this session, there were some promising set-ups in a few high-fliers, including NFLX and AMZN. The best of the lot was in VXX, where a very gnarly ABC pattern looked likely to provide the sort of leveraged play we look for in this vehicle. I subsequently posted it to The Scoreboard and the trade was still pending at the end of Wednesday’s session. Check it out if you’re keen on doing the trade, or even if you just want to see what a good set-up requiring a little patience looks like.
