Replies to post #28248 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[huka]

I believe the reverse split actually reduces the shares on uvix which are now at a higher cost per share. There should be a fair amount more profit to be made on uvix versus uvxy if we're really going to run to vix 30 plus. Agreed higher risk as well. 2 or 3x? Maybe but yet to be seen.
Thank you for the link. Similar to a double bottom

[mannken]

Kold is a perfect example of 1-2-3 from Nov 2021 to late Dec 2022, once breaking the 'W' neckline off to the races

I always have refereed to them as 'W' (bull) and 'M' (bear) patterns and probably correspond to Elliot wave theory to some degree

in case of uvxy/svxy, I see a bearish H&S in Svxy vs. a 1-2-3