UVXY Waiting For Negative Macro Catalyst, THEN Huge PUMP!
We have a very large descending triangle on the monthly! Playing this out will depend on some continuation of negative news (such as Coronavirus vaccines not working), global recession, etc.
The Chinese economy is on the verge of recession, they have a fake economy built on a deck of cards that's ready to fall.
If you don't think China is fake as F*&k with economic reporting, then go buy yourself a ghost city apartment.
The Chinese economy is on the verge of recession, they have a fake economy built on a deck of cards that's ready to fall.
If you don't think China is fake as F*&k with economic reporting, then go buy yourself a ghost city apartment.
Comment:
Trade is still on. It will go past target from what I see.