"To me the SXY story has been positive with reducing risks for...

"To me the SXY story has been positive with reducing risks for many months and this is not mirrored by the SP and charts."


I think this is partially because BPT and DLS has stolen a bit of the thunder. DLS was, imo the better play. At current values I think SXY has the better potential for a strong move. Most people at the moment would be buying into or eyeying off DLS/BPT since they have shown a good uptrend, leaving SXY to wait.

In the end, any of these three are probably good medium-long term bets and sxy hopefully is a good punt for the short term.