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$USLV -5.8% today — what's driving it?
$USLV is moving hard: -5.75% on the day, now at 12.97.
Day range: 12.80 – 13.01.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 0 points
$USLV is moving hard: -5.75% on the day, now at 12.97.
Day range: 12.80 – 13.01.
What's driving it? Are you positioned? Drop your read below. 👇
This looks like a liquidity grab at the bottom of the range. I'm holding off for now, curious to see if it breaks lower.
It's quite a drop for the day. I'm wondering if there's any specific news event or just general market sentiment playing into this, especially for a silver ETN.