UVXY Ready for a run ;)Volatility is at all time low while also becoming oversold... We have a descending wedge which could break soon and this pattern is a favorite of mine. Targets have been laid out above. Not financial advice, DYOR. by ChartProphet443
UVXY looking ready!I will be adding some UVXY here. I think we could see a big push soon.Longby peterbhcUpdated 11116
SP500 Stalling at the top of the range.Currently the SP500 is doing a double top and stalling at the top of the range. In spite that the index has already broken the range to the upside, there has been no follow up. So it starts to look like a weak trend. Most probably it will attempt a sell of to gain momentum at a lower level. In the meantime this means that there could be volatility in the market. So I'm focusing on the volatility instruments. UVXY is doing a double bottom at the 3.40 level. The momentum is increasing, creating a positive momentum divergence, which signals a possible reversal to the upside. My forecast is an entry area depicted in the chart. A target area above the 4.0 level and a possible (very optimistic) extended target below the 5.0 level. Longby Madrid338
UVXY 1D What a head fake!!!!test UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle.Shortby TheCryptoChartWhispererUpdated 29295
UVXY Volatility Index ETFUVXY as shown in the 15 minute chart is slightly above the basis line on the Bollinger Bands as shown also on the BB indicator or Luxalgo. Price is slightly below the mean VWAP of the anchored VWAP situated in the fair value area as also confirmed by the volume profile and its POC line confluent with the VWAP bands. Given impending federal data reports and news, I expect volatility will rise. UVXY could have positive price action in the range of 10% in tomorrow's trading day which can be day traded or scalped.Longby AwesomeAvani4
Long Vol via $UVXYI don't believe shorting vol as a strategy is going to work much longer. I'm long spot UVXY as well as calls from $3.76. Target $5.50. Think we're going to see risk puke over the next two weeks.Longby benjihyamUpdated 442
i will long from this price targets no leverage no stop lose i will long from this price targets no leverage no stop lose Longby mmskaye01223
Short C leg of the bullish cypheruvxy is trending down and actually rose slightly against trendline resistances. I'm shorting into the close.. there is a bullish cypher set up, however im short C leg to the D leg of the cypher pattern Target $4.75Shortby moneyflow_traderUpdated 3
UVXY Cup and Handle Scalp?UVXY seems like it wants to move up a bit and we may have a cup and handle forming. This is the 15min tf so expectations should be less. Nice 5% scalp maybe? Not financial advice, DYORLongby ChartProphet335
uvxy headed for 1:10 revse split early feb. 2023we are breaking out in spx daily, but are we at swing low in vix? contango is uvxy is matching what it nears as we head for high $4 range where it normally reverse splits 1:10. conveniently that puts us in the expected date range of early february. this VWAP strategy says we may be in for another long entry UVXY as we top out in es1! potentially around ftz 8, and above bands crossing bull by ftz 13.Longby cerealpatternsUpdated 7710
what if the market really gets slammed?were hovering below a midline. all bets are pretty much off for longs until bulls prove they have at least a reasonable sized appetite to sell into weakness, and take profit at a lower weekly level perhaps covering calls or using some strategy other than being dead weight and hitting a stoploss. basically we need to see a spx bull snapback to recent daily highs after the 4hr oversold conditions leading to a huge bounce or there is rejection from weekly mean regression levels or vwap and vix continues up. when vix gets over this midline theres very little stopping it but this strategy can identify some key resistance levels on its way into fairly unexplored territory until as of recently. overall im expecting uvxy to confirm weekly bull, or head right back down to its lows and this to end up in late march, early april in the expected swing range of a potential split as well as its post split estimate oscillations of $4 and $100. for now its $10 and $4. uvxy doest go to $0.04.Longby cerealpatterns1
UVXY Stock Chart Fibonacci Analysis 02212Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 5.45/61.80%by fibonacci61800
UVIX, a lotto ticket with low riskExhaustion, Range, Breakout Could work. When uvxy worked in covid it did 800%. Even if this does 20%, to take a shot at something like that with a 4% stop is quite reasonable IMO.Longby JamesMBeeUpdated 553
our favorite vix derivative is doing its thingwhenever uvxy pops like this in a downtrend its natural to assume it will return to the bottom. except for a collapse in spx i doubt were going over recent highs in uvxy. probably end up below 4.90 again soon.Shortby cerealpatternsUpdated 0
UVXY updateCan make a new low here but above the broken trendline. Some interesting development is happening under the hood there, be careful if long the markets after this week! by RealTima559
are we bottoming out in vix?its too early to tell the weekly picture, but the daily and 4hr appear to be turning the tide for the broader market in a bearish direction, and that mean uvxy could see high $5s. if we do create a top in spx, and uvxy does begin to climb today i would only at first assume its a temporary pop, but if we truly start unravelling uvxy could see high $6s. count on the market and spx returning to bull as long as were in this weekly inside bar scenario. i am all cash until we pick a direction.by cerealpatternsUpdated 0
Hammer Reversal on the monthly?January looks to have painted a hammer candle on the monthly chart. The last time this occurred was January 2020 (the candle looks more like a doji in 2020) and 2 months later we formed a bottom after the commonly named Corona crash. Volatility has been in a consistent downtrend since that market bottom and is now near all time lows on the VIX, UVXY at all time lows. Willy has turned up on the monthly and RSI now trending up. Yield curve extremely inverted and Bonds, equities, etc. at oversold levels on most indicators combined with a overall market sentiment at extreme extreme greed on the CNN fear/greed indicator. If the 2020 pattern is repeating then we would see a spike to highs in UVXY by end of March 2023 and a subsequent decline which would be a leading indicator for a bottom in equities. Though due to inflation, whether or not central banks will print trillions to prop up markets like they did in 2020 is the big question left. Usually when a market crash comes the Fed will cut rates as the market drops (which doesn't stop the crash it simply continues on despite the drop in rates) and that could mean they will in fact start purchasing bonds again in an attempt to prop up the market. Bond yields and the fund fund rate move in tandem, with bond yields leading the way. Longby wealthprophet110
Perma bullz wont like thisThe fakeout move in indexes was spotted since mid of Jan! Had a weekend update with the next 2 weeks' pathway and going into the Mar. UVXY is one of the tools to watch as well as DXY and bonds by RealTima12
UVXY is above the bear trendlineTested from the top, it might test again on Monday, but this is a very big warning signal for the bulls short term!by RealTima2212
UVX READY TO MOON!!Crash coming very SOON!! Ready to make a lot of cash! Let's do this UVXYLongby MechanicalEngineerTrader0
YUMMYUVXY and the game of catching the bottom.. Yesterday was the 0.38.2 FIBO of Wave 4. Will that provide us of the bottom we have been looking for? Into the rabbit hole.. GOODLUCK! Longby VitalDirection11113