ProShares Ultra VIX Short-Term Futures ETF
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UVXY - We Indicated the Tomato had not Completed Price Objective

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To the chagrin of Levered Bettors and Debtors... UVXY
does precisely what it is designed to do.

Extract Capital from the Bonfires of Bearish Mentalities.

It isn't done either.

New Lows for 2021 are ahead - 15.78 has printed, continuing
the Ride down the LTL on the Weekly Timeframe.

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A simple rule... never in front of FOMC Minutes should one be
Long... never.

And Never with Time Prems in DECAY.

Time isn't on your side but a few days a Month... Use it or
Lose it.

We indicated Lower Lows ahead - they are trading to Price
Objectives, albeit at a Glacial Rate.

398 Bips of VX Spread on Settel was a very large CLUE.
Dagangan aktif
A Trade is beginning to form in UVXY.

Setting up nicely for those who are interested.
Nota
Watch VXX @ 19.99 to 19.26 - 18.75 reactions for Possible entry into UVXY.

It should increase to 22.20 at minimum off the Lows with 27.43 as the Overhead Resistance Monthly 34SMA.
Nota
15.52 New 2021 LOW for UVXY
Nota
The volume is needed for "Capitulation Event"

Lower Daily Band @ 13.82
Nota
Patience wins Biggly.

Penafian

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