under aavwap and breaking tightening range bearishly (UVXY)
just as spx is in a buy sided tightening range top, vix is in a sell sided tightening range bear.
referto the below chart for that pattern on the 1 minute
if UVXY cant break this range bull then broader markets remain a buy as long as vix puts keep piling in
if we make a lower high and continue down this is a solid confirmation of bear vix
referto the below chart for that pattern on the 1 minute
if UVXY cant break this range bull then broader markets remain a buy as long as vix puts keep piling in
Trade closed: target reached:
rsi is crushed on the 5 min.
im cutting this short loose.
we are oversold, and there are people accumulating believe it or not.
im cutting this short loose.
we are oversold, and there are people accumulating believe it or not.
