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cerealpatterns

vix spike losing steam

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ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
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AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Chart Patterns Technical Indicators etfs VIX CBOE Volatility Index leverage indextrading daytrading
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trendanalysis chartpattern indicator etfs vix leverage indextrading daytrading
everybody was ready for a spike in vix, and now that we got it UVXY looks like it might turn SSS signal red as it has fallen below sinking TRAMA hourly. horizontals mark out short, long and pivot and ive drawn a couple scenarios. i only long UVXY when qqe and sss are green.
Comment:
there is some bounce at $10, and this is how i think it may play out bearishly
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cerealpatterns
i like semiconductors correcting from oversold
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