UVXY - Nearing all time Low's

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 Monday Has brought gap ups: Vaccine Related. Low volume High percentage. If the markets Melt up again monday I think it's going to create a solid buying opp on UVXY
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davidismyname jaredwolowidn
@jaredwolowidn, makes good sense. I'm already in on UVXY so fingers crossed that its time has come.
jaredwolowidn davidismyname
@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.
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piscitear jaredwolowidn
@jaredwolowidn UVXY buys for future fears. To me hopelessness will be the key + liquidity cannot keep chasing. Look foward to hearing our holiday sale, unemployment and other earnings.
"The more SPY price fails to rally at this stage, the more likely the downside price expectation becomes."
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