petens7

UVXY will go up, but not yet

Long
petens7 Aggiornato   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
I made some cosmetic changes to my idea, to be on the safe side.
Commento:
Just an overreaction of the Market on FOMC Meeting Minutes IMO. Although, only
tomorrow will show, if it will trigger a bigger correction in indexes. Everything is overheated, so it wouldn't be a surprise.
Cryptos are going down for now, which could forecast a drop in market, as people are getting rid of garbage first, when trying to lower their weight. But I still hope situation will stabilize and I will to start with my purchases of UVXY under 11,50. Being OK with the fact it can go to 10, or even 9 before it will really shot up.
Commento:
this is not the spike I am waiting for, I am shorting the volatility with SVXY for now.
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