$UVXY Overbought - Gap Filled

Short

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

AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF

trendanalysis chartpattern uvxy short bearish

$UVXY now looking very overdone. Expecting a near term correction. Targeting mid-40s within 1-2 weeks.

Note: Informational analysis, not investment advice.

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