ProfitHarvest
Long

[VVIX] Bouncing Off Bottom of 2Y Uptrend Channel

CBOE:VVIX   CBOE VIX VOLATILITY INDEX
This channel has the most Price action by far and Price is stuck right at 2Y uptrend channel bottom and 6M downtrend channel with the 2nd most Price action after the one right below.

Price likely to continue climbing yellow uptrend channel , white is max low here for the near term. Upside potential is 4 white horizontal trend channels.
Comment: Can't really see it on the chart but nailed it...

Nowhere else to go but up!

Comments

Nice analysis
+2 Reply
interesting setup ,good work
+1 Reply
Needs more laser beams.
+1 Reply
ProfitHarvest Lindsey_Tattiana
@Lindsey_Tattiana, and some sharks!
Reply
informative.... best of luck
+1 Reply
Great work
+1 Reply
Used 20% of my funds on uvxy. Got in at 19.8 with a stop in place at 19.5. If I get stopped out I'll pick back up at the white line. Thanks again PH!
+1 Reply
You do a very nice job
+1 Reply
Looks like a good entry with a solid stop below yellow
+1 Reply
Sir you are doing unique research and I really love your posts. Carry on. Best of luck.
+1 Reply
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