Hi
An interesting phenomenon is that the ETF drops from a peak height to the bottom 480-500 BARS daily, weekly every 100 BARS, monthly every 23 BARS.
According to the calculation it is supposed to jump up by February 22nd.
The last decline cycle from March 2020 is the strongest and the volumes are much larger ....... it may cause the jump up to be more powerful.
But who knows many here have thought including me that UVXY will raise its head, probably someone is holding it tight down for now but not for long....
An idea only nor professional advice !
An interesting phenomenon is that the ETF drops from a peak height to the bottom 480-500 BARS daily, weekly every 100 BARS, monthly every 23 BARS.
According to the calculation it is supposed to jump up by February 22nd.
The last decline cycle from March 2020 is the strongest and the volumes are much larger ....... it may cause the jump up to be more powerful.
But who knows many here have thought including me that UVXY will raise its head, probably someone is holding it tight down for now but not for long....
An idea only nor professional advice !
Penafian
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