Madrid
Long

VIX Bulls are gaining traction here.

AMEX:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
176 4 3
It looks like the long slide in the volatility market has found a double bottom . The price entered into a consolidation triangle, the average volume has increased, there is a positive momentum divergence after the double bottom and the control is shifting to the VIX             Bulls.
If the consolidation is broken to the upside the market will enter into panic and will push the UVXY             levels to an initial target of 42, then 45 and 49.
The S/R and target levels are based on the Fib retracements
morganj71
2 years ago
Madrid

That Mslide indicator looks very interesting.
Reply
Madrid PRO morganj71
2 years ago
Thank you. It shows the Support/Resistance, reversals, trends and patterns at a glance.
Reply
Algyros PRO Madrid
2 years ago
For the not so astute, would it be possible for you to give a quick tutorial on how you use this chart to find Support/Resistance, trends, patterns, etc.? Thanks.
Reply
Madrid PRO Algyros
2 years ago
Sure, let me work on a page where this can be shown.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out