Your relative charts have no meaningful information. The assets in the fund and its inverse are the same assets and will produce perfectly negative correlation. All it will do is magnify the perceived move of the asset. There is no lead-lag to be uncovered which is the purpose of these comparisons. The leveraged nature of the ETFs also adds to this magnification. I've managed to contain my overflowing vitriol.....I think I've grown.
just because you don't trade them doesn't mean other are not trading them and making money everyday. listen i'm not gonna blow by blow of my trading strategy. and let me get this straight...i'm not gonna hand hold anyone based on my trade and recommendation.
The way to capitalize on this perfect negative correlation is to use position sizing and scaling. I will put a buy stop order in just above each ETF, then scale into whichever one runs using a combination of hard and trailing stops. Daytrading only. Once the first one has finished it's run, I will often flip long in the opposite one in the pair. I did that recently in a pivot in DUST after a run in GDX exhausted