ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[mannken]

have been looking at chart data this weekend

I do not have any good opinions on daily data and indicators with exception of markets selling rallies in the morning

The Fed PUT floor is in play, Gamma guy opined to say SP500 flip gamma to short trigger is at 4496 (PUT gamma area)

The monthly SP data on wedges, BBands,LRC MACD etc., imo/ are suggesting bigger correction or bear market ahead in 2022

Both short and long positions seem to be risky right now on overbought or oversold conditions, perhaps cash is king making a come back