Also, UVXY is far superior to SPXS, SDS, etc. It doesn’t go down as much when markets head higher but it can zip up more when markets tank. Now…the same applies to UVXY right now as it would to the others. So, no change in opinion there.
I’ve said it a ton of times on here. Tops shouldn’t try to be shorted. They’re low probability trades. Shorting after rallies within an overall downtrend is when they become higher probability trades.