ProShares Trust Ultra VIX Short Term Futures ETF

Short

Updated

still in the pop, or back to the doldrums?

its clear that uvxy has stiff overgead resistance, but if that breaks we could see over $21 soon. prove the bear case and its moreso back to $16.

Trade closed: target reached

back to all cash

Note

consider returning to a short pisition if we cant hold above low 17s

Trade closed: target reached

back to all cash

Note

could head and shoulders real nasty and be a big sell target would be 16.50 or so

Trade closed: target reached

all cash

Note

multiple sectirs are still green on the daily indicating mid $16 area should be retested

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Also on:

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welcome to the forever market, or more pain to come?

by cerealpatterns

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