AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Based on fib lines and past support and resistance levels, here are some ideas on what I think can happen.

NOTE: I am long biased on the market (short UVXY).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.