AMEX:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
128 0 1
Approaching S2 on daily and at the lower bb. We've seen massive selling into new lows w/ ~1.5x volume . UVXY             has been crush compared to VIX             . I included the VIX             for comparison (the orange line).

I think a reasonable target for UVXY             is $37-$38 area in the not to distant future.

Vix             only down 8% while UVXY             down -75.89% since Nov..

Noteworthy: OPEN GAP AT $52.96

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