Earlier today I put out a long position on UVXY, that position is now in the green.
The improvement in the 3C charts is so obvious, the charts need no annotation, if you can't recognize these positive 3C divergences, email me and I'll help you better understand the principal so you can apply it to other indicators and understand just how important charts like these are.
Being that VXX / UVXY trade nearly the mirror opposite of the SPX/SPY, the divergences should be nearly the mirror opposite too.
Here are the UVXY positive divergences, many made extreme moves to the upside today.
1 min
2 min
3 min
10 min
Even 30 min.
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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