BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

RE:Tuesday's action

[Steven1]

Not a good day for HVU. Didn’t expect this much of rally. We are basically back to pre-Brexit. This is not to say there won’t be Brexit concerns on the market. But no more 3% drops. Hard to believe that a Norway oil strike has more impact than Brexit . lol
 
I admit to ignoring to some obvious signs. SP being well below the Bollinger bands yesterday. VIX dropped while the SP dropped. Yen and US Bonds way to high already.   There’s no room for the SP to really drop until there is some type of re-balance.

Now we know how the markets react to one time geo political events. It's been a good learning experience if nothing else.
 
Kudos to those that got out yesterday or got into HVI