ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[risk on]

UVXY opened on 27 ema and failed, so far. That line has been a point of note before , and VXX still owes that gap below . Therefore, I’m thinking VXX needs to have one more time in the barrel before it proves it can hold the base and THEN just when people are thinking it’s back to same ole - same ole , that’s when we see the berserker mode.