cerealpatterns

volatility still horror pic in the making

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
the fed isnt interested in saving the market. it only cares that it delays the maximum selling until late in the year. they want choppy action because this allows them to scare retail out and institutions can scale horizontally. were likely to hit signal, sss ma, trama and rebound. uvxy is a sell if we get to top of envelope or we break pivot and continue lower. its still a buy around green signal.

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