AMEX:UVXY   PROSHARES TRUST ULTRA VIX SHORT TERM FUTURES ETF
58 1 3
Based on my propitiatory indicator UVXY             shows signs of a up move in 2Hr             time frame. I am expecting at least a 10% in relatively short time frame (2-3 days) . Also it has been forming the peak of a falling triangle since February which should break towards the upside some time very some. Last time when this same scenario happened on Jan 29th UVXY             bounced from 38 to 61.

however wait for at least 4-6 hrs             as it takes little push to buckle             the downtrend.
Trade closed: target reached: 10 % profit goal achieved
Trade closed with a 10% profit..
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