- a few weeks ago i posted a chart comparing the FAS to its tracking vehicle ($RIFIN.X)...
- FAS had not been tracking its underlying as tightly as i had hoped (bottom chart)...
- right now, both symbols appear to be testing resistance of their 6 week bases (top chart)...
- to me this suggests that the FAS has been tracking its underlying a little better lately...
***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***
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