SimplyShowMeTheMoney

$UVXY we've been here before lol 👁‍🗨

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

Recap: Bitcoin along with the US market should take a decent hit soon due to the continuation of strength in the dollar. Bear-Index's and the dollar appear to be where the money will be flowing during this period if this does play out.

My team will be using $UVXY to make profit from this scenario next week. We've literally been here before and walked out with a 38% gain. Check the links down below for details.

entry: $12.47
take profit: $17
stop loss: $11


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Comment:
This thing will most likely start running Thursday of next week. If we get a decent pop on Monday like 3%-4% we think it would be wise to sell and wait until Wednesday. If not, we have no problem waiting it out until Thursday when it actually starts running. Happy trading!
Order cancelled:
Out at $12.36. We will enter again on Wednesday! The market needs to run and get into position for the end of the week sell off! Hopefully this thing can trickle down under $11.50 before we enter!
Comment:
This instrument decays fast. Don't worry about FOMO. This instrument is pretty limited on days of the month that it can actually run hard. A $11.50 entry would be a dream. We will enter regardless of the share price before the market closes on Wednesday.
Trade closed manually:
This instrument is prepped to be able to absorb any momentum due to such high roll yield. This means that when the VIX pops that this thing will give very modest gains. We suggest using TECS tomorrow instead.
Comment:
$SPX is closing in on $4000. It is currently up about 1%. If we had to guess it could creep up some more to 1.5%-2% before close. That is when we will enter into $TECS.
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