CBOE:SPX chart is quite INTERESTING.
We can see the obvious short term downtrend.
We're currently at the bottom part of the GAP.
Volume has been a lil lighter, holiday is likely the reason.
RSI broke the downtrend it was in
Maintained the longer term 2022 low up trend.
Can AMEX:SPY reach the top part of the current downtrend?
AMEX:SPXS AMEX:SPXL...
The fund seeks to meet its investment objective, by taking long positions in VIX futures contracts. It will also hold cash or cash equivalents such as U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities (such as shares of money market funds) as collateral for Financial Instruments and pending investment in Financial...