Loading ...XIV monthly
Sometimes its useful to follow both ETF pairs b/c one may have more of a pattern than the other.
An educated guess can then be made on the other. For example XIV has more detail than UVXY.
Why bother even following these in the first place? Because they can triple in a matter of days is why.
I do not look at the monthly charts enough…that’s a beautiful very tradeable channel…Still waiting for a daily buy signal on UVXY. The 1 hour and 2 hour charts whipsawed me way too much unlike in Jan/Feb…Too many EW projections called for a market crash that did not transpire…