I buy UVXY when the futures are making new highs.. this week's pullback feels like a corrective algo (insert whatever bullshit the talking heads decide to point as the cause) because we went 5 days straight up ending making higher highs.. keep on buying the dip dance keeps on playing
That's NOT to say tomorrow we're going up.. it could still drop further or go sideways... but the trending dance is prevailing... until it doesn't..
My opinions and comments are exactly that. They are not a recommendation to either buy or sell any security.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.