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Stock_Hustle21

SVXY - easy way to find bounce back days

ProShares Short VIX Short Term Futures ETF (AMEX:SVXY)  
Stock_Hustle21  
AMEX:SVXY   ProShares Short VIX Short Term Futures ETF
Trend Analysis Chart Patterns Beyond Technical Analysis boucneback VXX overreaction opportunities quicktrade rundown bloodbath bloodinthestreets Bearish Patterns
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trendanalysis chartpattern beyondta boucneback vxx overreaction opportunities quicktrade rundown bloodbath bloodinthestreets bearish
So on the SVXY any time we have a very large spike to the down side pay attention to the price rejection on the bottom of the red candles with extremely large wicks 9 times out of 10 the following day we have a solid green day. Today is only the second time in 2021 we have had bad to back extreme dips with a slight green day in between the two huge red candles but as i mentioned pay attention that todays candle does not have a long wick meaning buyers are not rejecting this lower price which could mean tomorrow should be a continuation for todays price action. there are many other ways not just this one but this is a frequent one i watch which has helped me out tremendously
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