UVXY about to POP?

ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

⋅ Jan 4, 2021 2:55 PM

Compare the wedge in the price vs the cRSI. Both look like the are indicating a big move.

⋅ Jan 4, 2021 4:30 PM

11:30am

⋅ Jan 4, 2021 5:45 PM

12:45pm WOW!

⋅ Jan 4, 2021 7:55 PM

2:55pm, may be done for the day?

⋅ Jan 4, 2021 10:11 PM

End of day

⋅ Jan 5, 2021 6:14 PM

Tuesday 1:15pm

⋅ Jan 15, 2021 2:13 PM

It is not Friday 1/15 and I really think it is ready to pop again.

Comments

ProfitHarvest

⋅ Jan 4, 2021 4:08 PM

Yep, should be at this red line cross...

ProfitHarvest

⋅ Jan 15, 2021 5:27 PM

Great call, let’s see it again!

ProfitHarvest

⋅ Jan 5, 2021 6:38 PM

I've also got a similar RSI wedge...

Longterm up and downtrends converging now.

Dr_Roboto

⋅ Jan 5, 2021 7:25 PM

@ProfitHarvest, this market just won't quit. We all know it is going down. I wish it would just get it over with already.

jaredwolowidn

⋅ Jan 4, 2021 9:27 PM

Seemed to end the day right at trend line boundary. If Bust out tomorrow to the green could finally break the downtrend

jscottw

⋅ Jan 4, 2021 5:46 PM

Awesome! Keep it going with the updates! Much appreciated! <3