The long bond looks like a piece of unfinished business visually. While yields this low make no sense, the chart looks like it wants to put in a double bottom with the October low.
tdo722 wrote:hi guys. what is the best stock/etf to use as a proxy for bears? I'm currently using spy for bulls and sh for bears. is SH can be considered a good proxy for bears?
SSO bull, SDS bear. 2x but not as huge a decay as you'd think.
So SDS is good but not SH for bears?
SH is fine as well, it is non-leveraged. I thought you were looking for some other options as well.
I don't bet SH or SPY. I just need a reliable ETF as a guage/proxy.
Cobra, What if anything do you make of the divergence of VIX and SPY on daily charts. VIX staying in range and SPY breaking down. Seems very odd to me!
jaaawf wrote:Cobra, What if anything do you make of the divergence of VIX and SPY on daily charts. VIX staying in range and SPY breaking down. Seems very odd to me!
HI all,
Not trading a lot as market volatility (and uncertainty) is quite high...
Regarding CL, it tries do re-integrate its uptrend channel...
I will go long above 97...
breakout trend line then back test it then rebound, looks promising here, but bulls need work hard to break the above red line at least. Let's see.
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tdo722 wrote:hi guys. what is the best stock/etf to use as a proxy for bears? I'm currently using spy for bulls and sh for bears. is SH can be considered a good proxy for bears?
SSO bull, SDS bear. 2x but not as huge a decay as you'd think.
So SDS is good but not SH for bears?
U can try these: TNA for bulls / TZA for bears. They are 3X. They will triple your pain or happiness.
jaaawf wrote:Cobra, What if anything do you make of the divergence of VIX and SPY on daily charts. VIX staying in range and SPY breaking down. Seems very odd to me!
no idea, it's strange. Probably big guys are hedging with index puts.
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