ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[AAAtrades]

Yea agreed . Volatility can be just so wild and unpredictable.

But here are the current positives


* bullish daily , weekly , monthly quarterly and yearly MACD



* bullish daily, weekly, monthly , quarterly and yearly RSI ( RSI above 50 midpoint line)



* the MEGA GAP at 21 has been tested and held. It has not filled and has held gap support.



* large inverse head and shoulders pattern starting about april 20, 2020



* above the 50 DMA and 200 DMA and possible golden cross occurring soon



* daily MACD has pushed above the zero line but then they tried to compress it back down to zero line and below it but that has failed so far.