VIX getting ready for a little dance

ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)

Updated

AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF

indicator

With RSI at these levels it shouldn't be long before UVXY has a little jump. My target would at least be the low at around $36. Still much to learn, so happy for any feedback to refine whatever I am doing. Do I have a stop loss? No, but I should! Tips?

Comment:

I like it!
Just wish it went up by the 40% that the VIX did!!

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