UVXY Overlaid with the SPX- Shows the correlation of the peaks

ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)

AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF

and valleys of the EW waves. Currently wave A of 2 (SPX) is completed and coincides with wave 3 top (UVXY). Wave B(SPX) is in progress. Top of B should coincides with bottom of 4 (UVXY). Wave 5 (UVXY) and Wave C (SPX) shall be charted later.

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