Replies to post #14940 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[$Green$]

Oil is dropping, and USD is rising. That is what drove volatility today. It changes from time to time what is driving the market. Have to pay attention to everything to trade this, it mostly goes down. Watch USD and 10yr Treasuries every day. Look for market events. Crude Oil, in particular, is one commodity that can drag the entire market down

[Nightridertwou]

Many things affect the bear etf. Overall it rides in tandem with the CBOE Volatility index. Also if you see the NAZ drop UVXY will be going up. https://www.marketwatch.com/investing/index/vix