The ETF fund UVXY has exited out of a descending wedge and seems to be playing out. Regardless of the fact that it does reverse splits, this does seem to be a good play if not just in the short term. I have Fibonacci targets at $42, $63, and $79
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.