UVXY CHANNEL AT THE VERY BOTTOM
They say UVXY is "unchartable", but look at the top and bottom bands lol. Clearly following the channel. UVXY doesn't even move up or down relating to the market up or down anymore. But, it looks like a great buy short term with RSI under 30, and at the bottom line. Sell target is at50 RSI
Disclaimer
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.