BATS:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
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Short on re-test of 30.0 area targeting 100% fib extension which will have to be recalculated if price makes a lower low before retracing. I would consider this a high probability trade so risk reward is not as crucial. One potential area I have identified for a stop loss is above 50.0 psych level.
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