UVXY is near major support.
Be mindful of daily and weekly candle close:
IF below the blue support line, more gains can be seen with stocks.
IF above the blue support line, Recession news and FOMC meeting - there could be a market dump and UVXY Rally to big highs!
Good Luck
Be mindful of daily and weekly candle close:
IF below the blue support line, more gains can be seen with stocks.
IF above the blue support line, Recession news and FOMC meeting - there could be a market dump and UVXY Rally to big highs!
Good Luck
Trade active
entry: $11.46Targets $14.50, $17.25 and $20.50
stop loss: daily close below $11
Note
updated S/L to $11.50
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.
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.