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austriancapitaltheory
Oct 21, 2023 12:36 PM
$VIXY Head and Shoulders Bottom?
Long
AMEX:VIXY
1D
ProShares Trust VIX Short-Term Futures ETF
Arca
Description
⋅
Oct 21, 2023 12:36 PM
The measured move from the head to the neck line projects future price action if this H&S patterns holds true.
AMEX:VIXY
has strong technical potential to rally another 25%. Let’s not forget the S&P closed below its 200D MA on Friday.
Chart Patterns
Head and Shoulders
More