Always buying when hourly RSI < 22. Today was a 52 wk low, 14.8. Long

AMEX:UVXY60

ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

⋅ Oct 25, 2016 1:16 AM

>10% gains within a week when hourly RSI <22, as far back as early 2015 (possibly further).

Comments

Algyros

⋅ Oct 25, 2016 3:02 AM

Thanks for another great idea.

Do you have any suggestions about when to take profits after a sub hourly RSS 22 close?

jjfrost

⋅ Nov 3, 2016 10:20 PM

I posted another UVXY chart for buying selling based on RSI support/resistance and MACD. I find this most useful for UVXY. I also like to use 9/20 EMA and VWAP but these can be tricky with UVXY.