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UVXY Double Up to $10?

Long
ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
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AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Chart Patterns Technical Indicators UVXY VIX CBOE Volatility Index VXX SPDR S&P 500 ETF (SPY) IWM QQQ DXY US10Y Volatility
19
13
trendanalysis chartpattern indicator uvxy vix vxx spy iwm qqq dxy us10y volatility
UVXY looks poised to double in the immediate term to a 10 handle. Let's see if we get a Vix breakout (above 19.70) by the close of trade today. We'll need to see it hold for the previous resistance level (18.80) to act as support going forward...

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