overbought vix (UVXY)

Kort

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

Uppdaterad

AMEX:UVXY ProShares Trust Ultra VIX Short Term Futures ETF

Trend Analysis Chart Patterns Technical Indicators UVXY VIX CBOE Volatility Index leverage etfs indextrading

trendanalysis chartpattern indicator uvxy vix leverage etfs indextrading

i wouldnt want to be holding this thing long right now. were at 84 rsi hourly and a pullback from these levels seems like its in the works.
mid to high 15s is the target. even if we gap up and blast to the upside, i dont think were really in hot water unless spx breaks to new lows, and it doesnt seem like thats going to happen.

Trade stängt manuellt:

i think its prudent to cover here. idk what overnight will look like.

Kommentera:

if were not back above the top of the range around 17 were probably headed back for low 14s

snapshot

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