vix churning lower, should spring back then decline (UVXY)this is a rapid consecutive forecast going into the end of the week
i dont foresee vix ending above week highs, but there could be bounce if we dont immediately continue lower on the daily
the forecast cluster represents output from the ghost feed
this is based on qqe, rsi, vwma
14.74, 14.24, 13.81 are key levels
UVXY
UVXY Looking A Bit Bullish PerhapsPotential inverted head and shoulders playing out? Appreciate the risk with this asset and don't hold through expiration or even or night if you're smart! Upper targets have been laid out, follow QQQ , SPY, and DJI for guidance as this will be an INVERSE trade to those potentially. NFA, DYOR
ProShares Ultra VIX Short-Term Futures ETF (BATS: $UVXY) 👀How does UVXY trade?
UVXY trades like a stock. It can be bought, sold, or sold short anytime the market is open, including pre-market and after-market time periods. With an average daily volume of 47 million shares its liquidity is excellent and bid/ask spreads are a penny.
It has an active set of options available, with seven weeks’ worth of Weeklys and close to the money strikes every 0.5 points.
Like a stock, UVXY’s shares can be split or reverse split. If fact, UVXY reverse split 5 times in its first four years of existence—which may be a record. See this post for more details on historical and predicted reverse stock splits.
UVXY can be traded in most IRAs / Roth IRAs, although your broker will likely require you to electronically sign a waiver that documents the various risks with this security. Shorting of any security is not allowed in an IRA.
UVXY - Bull FlagUXVY - 2 hour chart showing the last several months of action.
Wave structure, volume profile, and harmonics appear to support more up in the near term for UXVY with a potential bull flag print last week.
Price is currently resting on support from last run-up/sell off in Nov and Dec 2021.
Looking for upper fib test and perhaps more into next week. Currently long weekly $20 calls.
Not financial advice.
context for the crossroads (uvxy)i just wanted to show people why this could still go very badly for broader market longs.
im not doomsaying, or fear mongering here. im simply outlining why i still have a long forecast for vix, even though we are almost breaking to new lows in uvxy.
the highlighted areas are times in the very recent past where spx has increased in volatility even while indices were on the verge of fully recovering.
again, im not saying long this thing right now. im pointing out how this could still be a bullish position for vix longs even while the market appears to be about to recover fully.
dont jump into uvxy trying to call the bottom, but do stay cautious!
this can still go both ways and tuesday is going to be critical.
dual forecast for vix (uvxy)the last few times vix has done this on the daily as spx sold off the week high was suddenly taken out, bullish divergence in rsi showed for uvxy as it beat the 1 of trend based fib extend, the vwma tucked under the price and began to rise as volume increased until the price hit the 2.618
right now the 2.618 is around $18.94
if we get over the week high right above $14, and immediately we see money dumping into vix as multiple sectors pull back at once we are almost certainly in for over $15, perhaps over $18.
if at any point we cant hold $12, and the weekly picture is showing healthy rotation finding higher lows in multiple sectors, were in for mid $11s, perhaps as low as $9.58
UVXY - 4Hr / Trend Cross of MomentumAn immense underperformer.
Frankly, will enjoy Selling this again once the
next correction trade is over.
Management excels at one thing... burning this down.
_____________________________________________
Implied Lower Lows ahead down to $9, hopefully
ahead or ROLL / Settle for VX Complex.
UVXY (VIX) pattern implies risk on until mid-JanuaryHere is a pattern that I noticed in UVXY over the last year. The red trendline has been very consistent as a time for UVXY to change directions. If it holds, then the market is moving back into rally mode and we should not expect to see another pull back until mid-January.
as long as we respect the highs another top is in (uvxy)short term vix futures have put in a multiday high and many broader market sectors are breeching their intraday lows at the same time
this could have a longer term effect, but i think the short term movement in vix will trend back toward 11.89 uvxy
if we build a base of support above 12 and move higher we could be in for more like 12.30, but keep it on the pivot and it should be fine
UVXY. S-Mapping Decode PT 1. The Trigger of CajunNothing to see here..
Move along.
I am clueless pleb who scribble wild unfounded accusations of inner mechanics..
But yet you can't look away.
Deep down you have already asked yourself; what if..
It will linger in your mind. Implanted. Swirling with questions.
What.. If..
This is a game to me as much as it is too you.
I think that's fair.
Right..?
This is all just an experiment.
Just a simple one about human behavior.
That's all.
You are a participant whether or not you like it.
You are unable to opt out either.
Not by my hand, but your corrupted mind's.
It's a simple game.
A honest game.
A souls' game.
My game.
Glitch420.
VIX & UVXY to the moon, finally?
recent Zig-Zag area could mean a UVXY bottoming & long awaited spike might be happening
recent enormous volume levels for UVXY (biggest since March 2020 drop) - watch volume profile at 20 - lot of hedging in there
SPX reaching ATH in very explosive move with lack of volume
the possible spike could have many targets - once 20+ is broken - 45 level and beyond could be a reality (possibly 800+ if big SPX bear is in place for next months)






















