the Big Short (a pun)

below you will find the SHORT DOW ETF called SDOW. it’s pretty fascinating if you think about it or look at it .. your preference.

basically right around the start of the pandemic around the week of 02/14/20 the volume was HUGE and the SDOW went on a nice run higher. well played … but since then it’s down basically 10X and there is still a lot of buying …

look to the far left and this ETF fell so far and nobody was interested and then last year hit and someone/somebody has been buying and selling this security …

now, of late, if you look closer to the last couple candles and corresponding volume you’ll see that the most BUYING volume ever has come in AND the price as pretty much stabilized at/around the low 30’s ….

you going to BUY SDOW down here …?

YEW ….

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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