So far, the 1st support has been broken, what we could expect is to test the second support, I remember that uvxy
tried to rally back a little bit two hours before the close on Friday, but it did not work out. Even thought we notice that the momentum of bull is on its way to decline, but big trend of market has not completely changed yet. Let see if uvxy
is able to hold on second level, if not, down to 17 is not a dream.