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$UVXY $VIX still an uptrend in volatility products

ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
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AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Chart Patterns VIX CBOE Volatility Index UVXY TVIX VXX
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trendanalysis chartpattern vix uvxy tvix vxx
these channels on $UVXY have been trending really nicely. shorted some on the break of first channel around 60 and covered last part around 48. bought some December puts last week, which wasn't really smart when i look at the chart now. hoping this will play out in to double top
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VIX fell apart and markets had a massive turnaround as soon as UVXY broke down from uptrending channel. Puts position paid nicely although closed too early...
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