ProfitHarvest

[UVXY] It Ain't Over Till the Fat Lady Sings!

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
We reset a bit, I loaded some more.

Shit gonna get more volatile before we close out this market downtrend.
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Couple false breakouts...
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Look at this journey guys, what a ride to an epic peak B).

Now all the way back down again but still plenty of potential for another spike in the coming days...
Comment:
FW's seem to be less steep when it has some power to shoot up higher.

As they get steeper and thinner, they are more likely to dump into the next day.

Interesting!
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Right at our light blue dotted decay trend and slight upchannel trend, this is where it needs to make a move.
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Fckin TView always messin with my damn lines when I switch TFs a lot, pretty annoying but mostly intact...
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Stuck right to the fractal quarter-channel, should be a solid bottom decay trend, max low is mid-channel around 8 but I don't see the path there before HH spike...

Data analyst with a passion for best fit lines B)
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