ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[risk on]

probable we see another test of the bottom before the next go higher, and the Gap owed below will fill in the same day the bottom gets tested again, but I do agree , the bottom , at least temporarily has been established over the past couple weeks. As such I will take full advantage of the scare that occurs when UVXY dips below the bottom to fill the gap , prices should plummet on calls that day , and then we see if there’s an intraday reversal which closes UVXY back above (S) ( bottom ) , leaving a hammer candle or some type of doji candle .

Could be very soon we see this mythical day described above , and I will be at the ready when we do.