Loading ...UVXY…
Since I am NOT a computer, I must each day determine the trades I can successfully monitor and trade…
I like to use the bathroom and fill my bird feeder without losing my arse 🙂
This is NOT the trade for the “average” trader…
To make a long story, short…
I provide this chart…
Per this chart, now is NOT the time for the UVXY trade…
I was not suggesting UVXY as a trade, but rather just showing a chart of it in relation to potential overbought signals I was seeing in the SPX, DOW, etc. 😉
Surf, I do see the VIX creeping up and the potential for a successful UVXY trade…As always, I wait to jump on the back of the rocket ship…
Nice chart Eagle, will store for future reference, Thanks.
thanks for the heads up.