Watching to see if I close my DWTI position…
Could have another channel in play…
UVXY 1 Hour “Trading Chart” Updated…
As stated Friday, expecting a “pop and drop”–out of UVXY, awaiting next buy signal…
Watching the black horizontal line. All depends on backtests of SPX chart…
Tempted to enter SVXY, but only IF SPX 2050 is breached to the upside…
If I were you I’d check who your counterparties are with vehicles such as these. An ETN is a “promise to pay”, nothing more.
For clarification, I’m referring to DWTI, not UVXY & SVXY.
Yes, out of habit, use DWTI/UWTI. Need to switch. ETNs are not good trading vehicles. Thanks.