ProShares Trust Ultra VIX Short Term Futures ETFArca
Description
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UVXY shown here is an ETF of the VIX and it is leveraged, which means its dip under the current trend is insignificant and mostly due to beta slippage. The VIX itself is still trending up and volatility is increasing at an alarming rate. Buyers beware, the winds are changing in the bear's favor and a deepened correction in the major indexes is HIGHLY likely