AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF
whether we blow through this and smash though the sss supple zone, or pull back to retest sssma and trama, it looks like the upper nadaraya watson gets touched again. im waiting on another sell signal from that strategy. it seems like theres this scenario where the gaps up and takes off, but more measured and muted drawdown has been the norm for weeks as we grind lower. we really need to see qqq , xlf , soxl , spy to new lows if we want to long , and we really would like to see rotation firing on all cylinders with iwm , xlv , xle green to see a bottom story coming out of broader matkets. if we come to the top of this range and pull back i would close long.