RE:Prediction for the day?The SP is now below the 50MA. We have made progress on HVU. It nearly touched 6 before pulling back last week. If the SP falls to the 200MA at 2050, we could see HVU sitting near 9-10. It’s always hard to guess at a VIX ETF relative to the SP. This may be a good time for many of us to get out.
I’ll make another prediction. When the VIX reaches 20, HVU could potentially double at that point if volatility is prolonged. 15-20 is at least possible. Another good time to get out. The BREXIT high was 18. That could be a good target.
Good luck to all