UVXY big pennant

ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)

Diupdate

AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF

Trend Analysis Chart Patterns

trendanalysis chartpattern

- chance to get a bounce tomorrow and theoretical price will hit upper TL eventually ?

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so far did trigger a pop on the morning
i still expect a higher read around 17-18 be4 total collapse lately

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i am not sure if this is a double bottom and the measured move is around 16.5
i have closed most of my SP short so might leave some for lotto

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