$VIX is creating a Bullish 1-2-3 Pattern at its previous market structure bottom (Support marked by the grey box). Price is currently consolidating at support and what historic price action tells us is that price usually has a period of consolidation known as a pullback or "Retracement" before it continues in its overall direction. I have price returning to an...
We have a Potential Bearish Dragon on the UVXY as it shows weakness near the 200 Day Moving Average if we can get some Follow-Through and Break down through the Dragon Trigger Line we can see it go back down to the levels of $12-$10
