Will Wong
Long

UVXY Potential Cup and Handle pattern. Cup completed.

AMEX:UVXY   PROSHARES TRUST ULTRA VIX SHORT TERM FUTURES ETF
47 3 1
Volatility has been rising in the stock market lately with the market spooked by a few things including Ukraine, ISIS             , and now Ebola. A Cup and handle pattern could be potentially forming with the Cup already cooked. Next week, there could be a dead cat bounce from an oversold market, thereby forming the down part of the handle.
Hit target of $54 on Wednesday 10/15/2014
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Hit $52.40 today, just $1.60 from target.
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UVXY jumped 20% today. So much about the correction and the handle formation.
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