beastmode_us
Long

Long Volatility for the upcoming whatever term. UVXY over $30

AMEX:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
It seems we're at the inflection point once again. Maybe a day or two out from SMAs and MACDs turning positive for UVXY             , and these big spikes in block trades are usually a precursor it seems to market sell offs - big players taking profits likely.

I have multiple other charts that support this view with OnbalanceVol/Accum/distribution; potential slide in oil             , resistance in gold             and so on and so forth. Granted, only chart can be linked!

I expect UVXY             to go well past $30 in the coming 1-2 weeks. This COULD change, and this MAY NOT be the actual bottom for UVXY             , and I would hedge the position in both sides, but I'll be wary to add if indeed this is the next bottom, and it's a higher high, in regards to S.D. and True average price
beastmode_us
8 months ago
got uvxy calls at $22 ish for .73 sold them for 1.13 at uvxy $25+. Plan to enter again, if bottom holds. SMAs have turned up, and we had a nice emotional drop, followed by a correctional pattern. Is this it? Watching support lines on forks and gann
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beastmode_us
8 months ago
should not have come back to the well at all before Yellen's speech, glad i didn't blow it with an all in; figured she would say something dumb as usual. This is basically invalidated.
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