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

Kommentera:

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

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

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1st short target reached volatility approaching oversold territory

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all short covered