ProfitHarvest

[UVXY] Volatility Matrix: Confirms Lining Up for Possible SPIKE!

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Today we have:
1 x BUY entry window UVXY
3 x LL confirms VVIX/VXN/VIX
3 x SB confirms UVXY/VIX/VVIX
2 x LB confirms UVXY/VIX

Seems like a good entry point, would love to see a SB at least on the VXN to increase confidence a tad more but probably not necessary here.

See the OG idea for theory details:
Indicators by @TopgOptions

Data analyst with a passion for best fit lines B)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.