$UVXY to $100+Unfortunately many of my charts were removed by a moderator for having private indicators on them (which I didn't realize was a thing), so I have to repost them.
If we look at the chart, we broke out of a bull flag and are now testing a very strong support level.
You can see we've bounced off of
Key stats
About ProShares Trust Ultra VIX Short Term Futures ETF
Home page
Inception date
Oct 3, 2011
Structure
Commodities Pool
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different from 1.5x. Like its peer products, UVXY does not deliver leveraged returns on the VIX index itself, but on front- and second-month futures contracts. As a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note. Prior to February 28, 2018, the fund provided 2x leveraged exposure.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
UVXY About to Take Off – Volatility Is Brewing!Volatility is creeping back into the markets — and CBOE:UVXY is showing strong signs of a potential breakout.
With SPX and Nasdaq flashing weakness, fear is quietly returning. Historically, moves like this in UVXY don’t wait long…
This could be the calm before a volatility storm.
Watch closely —
Short Volatility during rare spikes using leveraged ETF $UVXYOverview
Volatility represents how greatly an asset’s prices swing around the mean price. Historically there are rarely brief volatility flare-ups that present trading opportunities. Trying to anticipate volatile events can be costly, because other market participants generally expect the same we
Major Reversal Ahead for UVXY?We’ve identified a Head & Shoulders pattern, aligning with our Elliott Wave count showing a completed 5-wave move up ✅
This strongly suggests we’re due for an ABC correction to the downside 🔻
🟡 Yellow boxes mark our high-probability targets.
This bearish view is also supported by our broader outl
VIX againUVXY is landing in a short term trendline. SPY is heading to a resistance zone. I bought the ETF (no calls this time) I'll keep buying if it gets to the support at 18.30. I think the market is consolidating and we will have ups and downs like crazy. I'll take advantage of it. My first TP at 22, then
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.