Based on Chart. If Melt up continues I Predict 20% more downside for UVXY - with a SPX move down to Around 3200 should yield 80 - 120 % Return. Thinking about placing a 33,000 $ buy Monday. What are your thoughts
@davidismyname, I've been asking myself the question "What negative Catalyst will cause the melt down?" . I have been long on UVXY in a smaller position for a few months still holding, accumulating cash. Waiting to go all in.