two vix forecasts that could both hit (uvxy)

this is a dual forecast for volatility index futures derivative uvxy
by the end of the week we may dip below the 13.89 area
by fri, jan 7 '22 we may rise above the 14.5 area

Comment:

expecting somewhat of a bounce back gap might close or might not
at least 13.96 should be in the works if 13.89 breaks uvxy is in for downside

Trade closed: target reached:

1st long area reqched essentially
broqder markets could still be buy

Trade closed: target reached:

1st short target reached volatility approaching oversold territory

Trade closed: target reached:

all short covered