VXX and UVXY (I have a position long UVXY calls) are starting to see some extreme moves as well.
VXX 5 min just blew through the local highs on an almost uninterrupted leading positive divergence.
The 15 min chart did the same thing, it seems there's activity and a lot of it as this is nearly a straight line.
The long term or "Strategic" view at 30 min leading positive.
The 1 min UVXY trend over the last several days, but look at that spike in the box today.
Even though the 15 min has been positive, again, look at the recent spike up.
The strategic view, it seems money has shifted around quite a bit since June.
Is interest rates about to start going up?
-
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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