Shotgun Trade Setup(s): VIX/UVXY Analysis for Potential ReversalIn this analysis, we're eyeing a potential 'shotgun trade' scenario with a focus on VIX and UVXY.
If we observe a gap down in the market, especially in the VIX (VIX) and its inverse, UVXY (UVXY), it could signal a forthcoming move. Holding the gap down on UVXY might lead to a decline to $8.50, foll