I'm going to watch it carefully and see if I can close it out at a little better price. I don't have strong negative 3C signals to do so, but I don't like the parabolic action and you know what I expect for the market the next couple of days so there's no reason for me to hold UVXY, I will look to add the position back, but for now I see it more as dead money.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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