Given the VIX near new all-time lows, and the major indices still a bit overbought, it's time to buy UVXY as its MACD fast line crosses above slow line. Price: 18.96
As a general rule, keep your stops no more than roughly 1% below your entry price. You can use a significant intraday low as your stop. Often, you will find your exit points on false signals will actually show breakeven or slight gains as price action reveals further evidence of the signal being false. If you buy late by x%, your stops, and thus your risk, would be larger by x%.
More on 620 MACD here: https://www.virtueofselfishinvesting.com/faqs/answer/the-6-20-moving-averages-and-macd
Trading Volatility Report - UVXY 10-5-17
|Published:||5 Oct 2017 10:56 ET|
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