AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
One cannot deny the pattern outlined above.

Other correlations across the market:

Massive RSI divergences across major indexes.
Fear and greed index creeping higher to February levels.
High volume of shorts on $DXY.
Everything @ all time highs.

Be prepared for what may come.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.