[UVXY] What a SHOW We Got Today... Drumroll Please... B)I really shoulda had more confidence in that wedge I was callin! Downchannel trend (yellow) converging with the core decay S/R (strongest S/R since crash, magenta) and the 7M downtrend S/R (red) was bound to be eventful. It fckin launched price like crazy! Not sure how it's gonna play out from here, could be tricky to catch the peak. I'd still like to cash out most my position in the 30's and odds still in favor of that but anything around that $25 white line is a viable TP. Hell, now may be a good time to start scaling out but I'm gonna see how it plays out tomorrow before making any rash decisions. $39 white line lookin like the max here cuz of backwardation (people expecting it to be volatile already). On the plus side we have liquidity back on Team Bear, which is reassuring. FWIW, my RSI chart is makin UVXY look tapped out so no shame if you cashed already. Still trying to clear my brown wall, let's see! Oh and yea when we dropped to the 16's it was lookin suspiciously like a common volatility swing dip pattern as I detailed in another idea: Longby ProfitHarvestUpdated 161613
[UVXY] Could Be Classic Swing Dip, Climb and SPIKE Setup!Odds still in favor of a big downward movement but timing is the tricky part. Between election uncertainty and COVID 19 Wave 2 a lot of sht could go down soon and quick!Longby ProfitHarvestUpdated 181816
[UVXY] Wedging Hard!The leveraged nature makes the wedge particularly thin... just a matter of time!Longby ProfitHarvest121212
UVXY Long this short as Second COVID wave approaches.So many reason to go long here. Elections, October. COVIDLongby znewcar4
What does cRIS indicator say about VIX?Wanted to share something interesting about cRSI indicator. Each time it crosses out of the top of the grey area, we see VIX shoot up big time after that. Surely, it relates to fall in market. I can see the cRSI hooking into the grey area from bottom. Within a day or two, it will be ready to pop out of the top of the grey area. I don't think we reach ATH. We likely bounce around in the area we are in and then drop real fast. I am going to be watching this indicator closely and be ready to buy UVXY calls!Longby frodo75229
Green Fib Ratio Line CrossingIt literally pops to Green line pre market. The Green line is Fib Ratio. Magic Happens hereLongby BoneFunkenstein7711
UVXY long before market realizesUVXY is on its way up, and only for a short bit, but hedge your losses if you feel like it. Not financial advice.Longby Shwayze228
UVXYUVXY Feb. 21st 2020 level a month before the word "pandemic" was used. If we dont get stimulus it will send the UVXY back to 100+by AnthonyNelson5
[UVXY Volatility Matrix] Rule #1 of Charting: Haters Gon' Hate!People out here actin' like predicting the future is easy! I'm just on my grind layin down some novel trading ideas. Take it or leave it. UVXY definitely caught a right hook to the chin today but as I made clear in my new RSI Model idea, this type of melt down swing dip typically precedes a spike and it could be exactly what we're seeing here given a lot of data aligning for an EOM spike. Not expecting it next week either, higher odds the week after based on how things are shaping up. It's all laid out for ya in the related ideas. The magnitude and exact timing of the next spike is always the trickiest part but odds say we hit the mid-20's at least before EOM and HHs by mid-November (likely due to election chaos of some kind). I'm trying to map the future for you guys here, don't take this sht so seriously! There's more to life than money people. Happy to bide my time and take my learnings while dialing in my Crystal Ball B). Volatility Matrix Analysis Anyway, Volatility Matrix is looking MORE Bullish. We got Entry Windows today for UVXY and and VXX and even VXN (not depicted here) and a LL for UVXY and VIX with both a Small BUY and Large BUY for VVIX. Somethin is brewing here, we'll find out soon!Longby ProfitHarvest131318
09/30/2020 UVXY update - Hi all, SPY has reached the upper downtrend band and most likely reverse its trend from here. UVXY has been holding green buy area strong even if SPY was rocketing recently. I believe long-waited UVXY will pop pretty soon, TP area is shown in the chart. Good luck all!Longby aparkonUpdated 887
The obvious trade was NOT obvious on UVXYOn my last post about AMEX:UVXY I noted the distinct "trade of the week" theme. The idea that volatility would expand seemed to be obvious to everyone thus a trade on UVXY long seemed to be the play. Opportunity is rarely so obvious and that was why I suggested caution. The Trump tweet of last week probably got a lot of folks in the trade excited to see profit and be validated but it was short lived. In fact, in only served to bring UVXY to a technical level; the 50% retracement of the range it has been in for the last few weeks. Now things are not going well for the trade. I hate to see traders lose money but I hope they learn...by norok2
[UVXY] EMA Model EVOLVED: RSI Predicting a Spike Soon!When VPT as RSI crosses the line the model predicts a spike to occur shortly after. Anything near or under 30 will do for RSI... the deeper the better, 20 or less being ideal (right where we happen to be at today!). VPT as RSI is good to go at anything under 20. Given the spike prediction with this Price Action I suspect we may be in the middle of a swing dip that is a characteristic attribute before many big spikes. Think of it like the tide receding before the tidal wave. Let's see how it plays out! B)Longby ProfitHarvest1111
[UVXY] Super Mario BRO$: Playin' For REAL Gold Coins Now! B)Here's what I'm expecting now based on how things have shaped up this week. I think those couple small bumps took some steam out the sails for a larger movement. Identified the new downtrend channel. Adjusted BUY window... was a bit early to the party! Couple you guys out there were right, here we are under $18.50 haha. Basically just aligned this chart with my previous VVIX idea... 2+2=$$$ Lookin like a week or so of climb and chop before we get what we're lookin for. I don't think it'll get below $17, $16.50 is my new floor but we'd likely need some consistent big gains to get that low. See my SPX ideas for more. Public Service Announcement Guys TView software automatically slightly adjusted all my lines in that VVIX chart above and I just realized now that it got ruined, if you do heavy line charting I'd keep an eye out for your charts getting messed with and report immediately. It sucks to have all that work and months of tracking burned to the ground.Longby ProfitHarvestUpdated 7710
UVXY Buy The indicator I use for trading UVXY is almost to the buy point. I went ahead and made the trade with a tight stop below horizontal line. Hoping it at least goes above 20. Will see after that. This is also to hedge some longs I have. But would trade it regardless.Longby simplenothingUpdated 553
[UVXY] If It's Gonna POP... This is Where it Will Happen!Beautiful falling wedge Price Action has contained itself within here, still four more days to get our breakout. Price is wedging hard against top of downchannel and bottom of Value Channel + white long term S/R and the core S/R (magenta) is the broader wedge here. If we don't get it here it'd be closer to the election when that wedge gets too tight. That'll cause a large spike, very powerful S/R wedging.Longby ProfitHarvestUpdated 131314
UVXY long (30-min chart)Market getting ugly. speculative play, obviously.Longby simplenothingUpdated 1
UVXY is obvious"Everyone" is UVXY long. Rarely "Everyone" makes money. Tread lightly. The UVXY is the "ultra short VIX ETF"... it is a derivative of the VIX which is a derivative of SPY options which are a derivative of the SPY which is a derivative of the S&P 500 index. The VIX measures "implied volatility" which is the pricing of options. People want to buy options to hedge against uncertainty so when the DEMAND for options across the market is UP the VIX is up. If you go long UVXY you are taking a leveraged bet that volatility/uncertainty/fear will increase. I would say that "betting on volatility to increase going into the election" is a logical thought that most people are thinking right now. I don't like trading what "most people are thinking." I look at what everyone else is doing... and if I like the risk/reward... I do the opposite.by norok775
[UVXY] Volatility Playing Field is Set... GAME ON! B)All that's left to do is wait and collect money. Happy harvests!Longby ProfitHarvest181812
[UVXY] This Is Ur Brain (_~_)... This is Ur Brain After Debates:Yea... it was a shit show fo sho. Just messing around with some exotic trend lines, lets see if Price Action follows! Longby ProfitHarvest226
[UVXY] Holding Strong in the Value Channel... Last Chance!If you missed the last dip, you got one more shot in the Value Channel before we spike up. We just kissed the bottom of the Value Channel today, it may dip under again but unlikely to set ATL before next spike. I extrapolated the upchannel in orange, it is very likely to climb up one of these before spiking.Longby ProfitHarvest101014
UVXY in an up-trending channelSeems like AMEX:UVXY is about to head to the $23-24 area and perhaps higher. With the 1st debate tomorrow and the election coming up there could plenty of volatility in the markets the next few weeks. **Not advice, for entertainment purposes only :)Longby MostlyGood3
[UVXY] Wedging Hard at Top of Downchannel.. Just Waiting to POP!This is an insane wedge we're approaching here aside from the more immediate local downchannel and top of Value Channel (light blue) wedge, which should drive a small pop in the next few days. See how reactive this top of downchannel S/R is, price has both melted down from and up from this line 10% on a single 2H bar in the past two weeks. For the broader wedge we have the magenta Core S/R (strongest trend based on spike decay pattern) and the 6M downtrend S/R (we hit this about once every two months) converging with the very strong long term horizontal S/R (white) and the local Value Channel. I put an orange wall here on Oct. 21st, we're definitely spiking up before then.Longby ProfitHarvest6611