ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Citrati]

The trend is the trend until it isn't. So far it is 2 years strong. UVXY will return some quick and nimble scalps but nothing of the magnitude many want until price starts closing under the 13ema and the bb midline fails. The Fed and money supply is not in our control. Timing when the flow changes is simply guessing right now and a losing proposition for bear holders.

Let me know when $SPX 3950 breaks and I will start thinking of an actual trend change.

The $VIX is currently stuck under strong LT resistance. That needs to change as well.