ProfitHarvest

[UVXY] EMA Model EVOLVED: RSI Predicting a Spike Soon!

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
When VPT as RSI crosses the line the model predicts a spike to occur shortly after.

Anything near or under 30 will do for RSI... the deeper the better, 20 or less being ideal (right where we happen to be at today!).

VPT as RSI is good to go at anything under 20.

Given the spike prediction with this Price Action I suspect we may be in the middle of a swing dip that is a characteristic attribute before many big spikes. Think of it like the tide receding before the tidal wave.

Let's see how it plays out! B)

Data analyst with a passion for best fit lines B)
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