I want to show a very interesting relationship, the FAZ, is the triple inverse of the financial index $DJFN, for simplicity let me use the XLF, ETF that tracks the $SPF instead.
We see that in this period of 3 months, XLF had 4 significant tops. The 3rd top is much lower than the previous two, however the FAZ bottoms are very close to one another. And it seems to be quite risky to enter it once it is above $40...but gain is substantial if you are on the right side
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