Wedgie after wedgie. I predict tops and bottoms like a G UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper.
UVXY trades inverse to the general market direction in a leveraged manner. An example of this is shown on the current chart 15 minutes time frame of the price action this week. I have added two indicators the buy low sell high composite and price volume trend to support entries and exits which are typically done on lower time frame charts. On the chart, if a...
I am long UVXY at $2.10 VIX my have a triple bottom on the daily. Good Luck
They say UVXY is "unchartable", but look at the top and bottom bands lol. Clearly following the channel. UVXY doesn't even move up or down relating to the market up or down anymore. But, it looks like a great buy short term with RSI under 30, and at the bottom line. Sell target is at50 RSI
Positive divergence on UVXY, I think it is getting ready for a massive up trend which might last a few days. Due to 0 DTE options volatility is very low and expect it to be suppressed for a very long term. AMEX:UVXY
The UVXY is currently trading at the 89 Day EMA among other Moving Averages that it's often reversed from; if it reverses from here again and hits the bottom of the Potential Parallel Channel that will confirm the Validity of the Parallel Channel. If it breaks down from this Parallel Channel that will be a Bearflag breakdown that could take it down anywhere...
It’s looking like we can trust the bottom side of this falling wedge. This time around It also lines up with the indexes double top so we could see a decent charge upwards. I already own shares, and I’m picking up more on the open today. I’m looking to take profits in a few weeks based on previous bounces/timeframes. Could be something to hold, although I would...
Volatility is at all time low while also becoming oversold... We have a descending wedge which could break soon and this pattern is a favorite of mine. Targets have been laid out above. Not financial advice, DYOR.
I will be adding some UVXY here. I think we could see a big push soon.
Currently the SP500 is doing a double top and stalling at the top of the range. In spite that the index has already broken the range to the upside, there has been no follow up. So it starts to look like a weak trend. Most probably it will attempt a sell of to gain momentum at a lower level. In the meantime this means that there could be volatility in the market....
test UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle.
UVXY as shown in the 15 minute chart is slightly above the basis line on the Bollinger Bands as shown also on the BB indicator or Luxalgo. Price is slightly below the mean VWAP of the anchored VWAP situated in the fair value area as also confirmed by the volume profile and its POC line confluent with the VWAP bands. Given impending federal data reports...
I don't believe shorting vol as a strategy is going to work much longer. I'm long spot UVXY as well as calls from $3.76. Target $5.50. Think we're going to see risk puke over the next two weeks.
i will long from this price targets no leverage no stop lose
uvxy is trending down and actually rose slightly against trendline resistances. I'm shorting into the close.. there is a bullish cypher set up, however im short C leg to the D leg of the cypher pattern Target $4.75
UVXY seems like it wants to move up a bit and we may have a cup and handle forming. This is the 15min tf so expectations should be less. Nice 5% scalp maybe? Not financial advice, DYOR
we are breaking out in spx daily, but are we at swing low in vix? contango is uvxy is matching what it nears as we head for high $4 range where it normally reverse splits 1:10. conveniently that puts us in the expected date range of early february. this VWAP strategy says we may be in for another long entry UVXY as we top out in es1! potentially around ftz 8, and...