ProShares Trust Ultra VIX Short Term Futures ETFArca
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The descending wedge is bullish and the coming to an end. This along with an over bought S&P and a 3 hammers showing on the daily charts indicates to me that as early as next week to the end of December we will see a major break to the upside.
@ArtyMarty, Anything above $100 start laddering out, and keeping a close eye on the RSI of the S&P500 and this....as soon as signs of divergence pop up, dump.
I'm perfectly happy with a 10x + return