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ProShares Ultra VIX Short-Term Futures ETF
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UVXY (VIX) pattern implies risk on until mid-January

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Here is a pattern that I noticed in UVXY over the last year. The red trendline has been very consistent as a time for UVXY to change directions. If it holds, then the market is moving back into rally mode and we should not expect to see another pull back until mid-January.

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Something to watch
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Dr_Roboto
Chart PatternsDIADJINASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisUVXYVIX CBOE Volatility IndexVXX

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Chart PatternsDIADJINASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisUVXYVIX CBOE Volatility IndexVXX
Dr_Roboto

Penerbitan berkaitan

Penafian

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.