Gil likes the ProShares Trust Ultra VIX ETF (UVXY) on the long side (essentially going long volatility in anticipation of market pullback or more) using the 6.00 level as a stop. For those who understand how to use the five-minute 620-chart, one can also implement this as a guide for handling a postion in the UVXY.
Short-Sale Set Up - Long VIX via the UVXY 3/24/21
|Published:||24 Mar 2021 14:18 ET|
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