Were going to keep a close eye on this ETF status. Im shifting my position to neutral for the short term.
Comment
My fear is with the futures ETF approval - could cause a short term price spike, in which the price would like resettle and I would have to create a new chart.
I do not believe that this pending ETF review by the SEC will cause this Bear market to turn into a Bull - but it could cause some wild short term volatility and i dont want to be in a position until the dust settles.
The hardest money i ever made was the money i didnt lose.
You want to be a successful trader, learning how to NOT lose is more important than learning how to win.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.