UVXY to repeat or EXCEED the +210% rally in Jan 2016?
Bullish crossover on 8 & 50 DMA despite recent Huge Aggressive NEW shorts in Volatility on the latest spike.
Other than the recent false breakout in April 2017, the Jan 2016 crossover triggered a rally from 2900 to 6100 or 210% rally!
XIV will cease to exist...
www.forbes.com/...fearless-index/?utm_source...
SVXY, an ETF that is short VIX, has almost doubled the shares outstanding since the VIX spike occurred and has reached a market cap of $1.1 billion.
Other than the recent false breakout in April 2017, the Jan 2016 crossover triggered a rally from 2900 to 6100 or 210% rally!
XIV will cease to exist...
www.forbes.com/...fearless-index/?utm_source...
SVXY, an ETF that is short VIX, has almost doubled the shares outstanding since the VIX spike occurred and has reached a market cap of $1.1 billion.