cerealpatterns

when nature calls: return of the ping

Long
cerealpatterns Updated   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
vix is a black cloud over the heads of spx bounce longs. ahead of any upward move in funds like xlf, xle, spy, qqq resistance, if a breakout in uvxy starts i would look for a major run up to fib fan and trend extend highs.
Comment:
once we get down to the breakdown, and we will, were ending up low $6/high $5
its possible that we see over $9 first

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