ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[ReservedRisk]

$UVXY Because of this..

https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html

Which was predicted..

Thing don't go straight up or down, even though they sometimes should.

Markets will bounce on 'fed' promise of propping them up on money the govt doesn't have destroying the baby boomers savings as they destroy the dollar.. plus the chart tech which 'traders use as biblical truths. Market based on avg human psych. Learn avg traders psych and your RICH.

Traders/market are getting it WRONG here, but more for smart $ at lower prices.

Expect around $40 a share if not lower.

Load this imo.

Riding $JNUG for now on the market dead cat bounce. Will flip once it gets to around $20 a share into $UVXY around 40$(hoping for 25$)

After that this shoots back up towards the highs..

Buy hold $GOLD & $SILVER, yes the physical metals, on the next large move lower. The miners, especially the juniors, will lag the metals. Hold the metals first with cash on hand to buy the miners now that this virus is going to create serious value in the mining sector exclusively.
(Look at 2008 and magnify due to the factors compounding since)

Gold could get to 1300-1350 if this scenario plays out. Meaning $JNUG after a SERIOUS bounce could go even lower after this.

Volatility like this only comes around once in a lifetime.

TRADE.

Follow me if you want to more than live. ;^)


glty