ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[kid biscuit]

Have to agree with that possibility. We got a huge bullish white candlestick out of the clear blue today, and finally a buy signal today around $13. If we are at a bear market start, all strength will be sold into. The chart will begin to look exactly inverse of a bull chart where buying on dips is common. All buying will be short term short covering. Then as soon as the shorts cover into the selling and are done, the selling still continues but prices will keep going down till the next leg of short covering and a repeat. If a true bottom is hit there will usually be deliberation block pattern signaling a major reversal. From the lack of strength in the post market indices (so far this evening), we may pick up right where we left off in the a.m. like you suggest. Will see.