Replies to post #10308 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[TheWatcher51]

Imo the Market was at an inflection point... but it appears to have inflected positively lol... apparently the inflection was a reflection on new policies... which after digestion seem to have supported the idea of higher prices... which imo is ridiculous but I am but one in a sea of many... so it's easy to succumb to the tide if it happens to be pushing instead of pulling... so maybe l8r... lol ;-) uvxy

[lifter]

the vix is a mean reversion statistic.

uvxy is a leveraged etf based on front 2 month futures of the vix term structure. It has daily resets and suffers from beta decay and slippage.

SO yes it will always go down when it is not spiking

edit this is for the guy that asked about svxy being a highway