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MysteriousPersian

Keep an eye for the VIX

Long
ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
MysteriousPersian Aggiornato   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Harmonic Patterns Chart Patterns index VIX CBOE Volatility Index vixfutures vixlong
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trendanalysis harmonicpatterns chartpattern index vix vixfutures vixlong
UVXY shown here is an ETF of the VIX and it is leveraged, which means its dip under the current trend is insignificant and mostly due to beta slippage. The VIX itself is still trending up and volatility is increasing at an alarming rate. Buyers beware, the winds are changing in the bear's favor and a deepened correction in the major indexes is HIGHLY likely
Commento:
Commento:
shown above the nasty top the S&P500 is forming

Idee correlate

MysteriousPersian
Area of strong support
MysteriousPersian
Ominous looking top
MysteriousPersian
choppy consolidation
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