For anyone trading these markets, this chart is one of the most important ones to watch.
SVXY shorts the vix as an etf. It is very reactive to changes to the down side. They are short, short-term VIX, hence any spike in volatility sells this off.
This looks a bit topped and should this sell off, we'll see some gnarly VIX spikes in the next few weeks.
SVXY shorts the vix as an etf. It is very reactive to changes to the down side. They are short, short-term VIX, hence any spike in volatility sells this off.
This looks a bit topped and should this sell off, we'll see some gnarly VIX spikes in the next few weeks.
