Replies to post #27993 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[2H2]

Market chop until post Fed and big tech earnings later this week

[mannken]

no Vix 17 today

on sideline, no uvix buys

strange thesis, markets began rally on Fed last .75 hike, peak of rate cycle trade, now street expecting .25 hike, could be last hike in cycle and market correction in Feb, perhaps last hike perceived as Fed concerns of recession, reverse market osmosis lol, markets are weird

I'll wait until after Fomc before Uvix, still would like to see SP 4130ish before Uvix