FAZ / FAS a demonstration of ratio-trading
Here on a daily chart the ratio of the Bearish Leveraged Financial ETF to its Bullish counterpart
is showing to be in a descending parallel channel. The chart is marked with comments about
trading considerations of these ratios at a given time. At present, the FAZ is undervalued
and should be bought. On the other hand, Bullish FAS, should be either sold if positions are
held.
is showing to be in a descending parallel channel. The chart is marked with comments about
trading considerations of these ratios at a given time. At present, the FAZ is undervalued
and should be bought. On the other hand, Bullish FAS, should be either sold if positions are
held.
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