Replies to post #15532 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[mannken]

Thanks for taking the data a step further, good info on the short and standard MACD

may have a little ways to go, or new SPX highs, but also may see VIX buyers picking up the pace, as you mentioned, see what happens

daily ZH pick for me today https://www.zerohedge.com/markets/we-are-building-big-accident-gap-between-10y-yields-and-cpi-highest-1980

I also like to read NT's Twtr feed for additional perspectives, I'm amateur retail not betting the farm, but having fun!
vix copied over from his feed

[mannken]

Historical ratio

However, the ratio could persist for months/year, SPX towing the 5EMA, as you alluded, short MACD engulfing bull, standard diverging


https://www.yardeni.com/pub/stmktbullbear.pdf

With that aside, I'm looking to play the UVXY 5EMA under extension Monday for a flip

[mannken]

positioned closed today A/H

maybe a little early, but after watching PPT protect SPX today, I think the big route is still a ways off

I thought if FOMC mentioned nothing about rate hikes, market route would have been deeper with fears of too far behind the curve on inflation, however, since they dot plotted rate hikes in 22/23, I think markets will digest as good at least near term, allow a short lived route before firing up the print press again

VIX futures back to 20, stomping ground for Fed, JP doesn't like VIX above 20 lol

this thesis lines up with your short term SPY MACD curving bullish, but weekly VIX structure still suggesting a big one possibly this summer