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satanscashcow
Feb 19, 2018 11:03 PM

UVXY DMI(17) Will they gap it up? 

ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

DMI(17) rejected/overbought at prior support/falling trendline. Who will be the
one's to gap this up over this area? Or, more sideways?
Comments
PanicSellEverything
this all depends I suppose when we regard bonds. If stocks being to drop and bonds begin to rise we will certainly be seeing a safety play being taken and that would mean we are due for another round of volatility. However if we see stocks making gains and bonds stabilizing than stocks will move higher pushing UVXY below the support.
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