On Jan 2, UVXY and VIX were trading at the same value, 9.15, today there is 20% missing on UVXY value... where is t?
I feel more rubbed than misunderstanding
Early, last week I posted a RSI divergence, from $11, we promptly got a deadcat bounce to $13.78 the following day.
Since then, UVXY came back down violently with a new low at $10 an important support. This morning, in the $10+ area, it is completing another RSI divergence in oversold area...
Is this time for real?... hard to tell in a market where bad news...