Jul. 2 at 4:12 PM
$FAZ Past doesn't tell the future, but looking at the
$XLF statistics for 2024, a new uptrend followed with another 3-7% gain, followed by a decline. Considering the high of 52.77 and applying historical statistics, we should add aggressively to XLF 54.63-56.58/FAZ 3.87-3.48.
Considering this, if you steadily buy FAZ and lower the average, you can sell at D-EMA20~60. My current average is 4.42, which is at D-EMA10, so it is currently an average within the expected future profit range.