That was a decent move of +10% for no leverage.
The intraday chart allowed me to clean up this position which should have been done earlier in the week.
The longer term probabilities for XIV don't look so good on this 5 min chart, the neg. divergence goes out to 30 min!
I will be looking at VXX and maybe UVXY although I've been burnt there a lot of times, I probably would stick with VXX.
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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