AMEX:UVXY   PROSHARES TRUST II ULTRA VIX SHRT TRM FUTRS ETF(POST SPLIT)
The ProShares Ultra VIX Short-Term Futures ETF is approaching the April bottom and the symmetrical Lower Low on the 1M Falling Wedge . Being oversold ( RSI = 6.651, MACD = -1698.076) a strong cyclical rebound is expected on a very structured and recurring candle pattern. We are on a long term buy on UVXY with TP = 75.00.







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