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UVXY is down 11 days in a row


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#1 diogenes227

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Posted 24 July 2017 - 01:58 AM

In the past five years, it has NOT GONE DOWN 12.

 

Might be different this time or...

 

WHAT A WEEK THIS COULD BE FOR THE BEARS

 

From the link:

 

 

After 11 days down last time, it bounced 54% in the following 5 days. What a week this could be for the bears!

 

Good luck and good trading.

 

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 blustar

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Posted 24 July 2017 - 11:36 AM

I doubt we bounce 54% but I am long UVXY.yes.gif

 

Happy with 28%, that should be the minimum, I think.


Blessings,

 

blu

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#3 tommyt

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Posted 24 July 2017 - 11:14 PM

"In the past five years, it has NOT GONE DOWN 12."

 

UVXY's job is to be down most days of the week...just sayin.