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DownWithPumpers

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DownWithPumpers

Re: Marketwise post# 9458

Tuesday, 11/22/2016 10:49:01 PM

Tuesday, November 22, 2016 10:49:01 PM

Post# of 29816
VIX must be at or near a multi year low

The VIX is about 12.5% above its 52 week low. If the VIX is unchanged a month from now, UVXY will be down about 25%.

Futures are predicting a rally in the VIX. No rally, means a sharp drop in price for UVXY.
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