I agree. If it had pulled back from the 2800 level this afternoon, it could have been the start of something larger. It seems risky to hold tvix or uvxy overnight at this stage though.
I sold my uwt for a small gain. I was expecting oil to start moving after the post-report dip, but it doesn't seem to want to reverse jhst yet and I don't want to hold overnight with the uncertainty of the market. Hopefully we'll get better prices tomorrow.
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