UVXY might be drawing a head and shoulders. yesterday it provided a great entry into the stock rally. watching the shoulder formation for the signal to get long stocks again. tradingview.com/x/FOKpzKq9
UVXY running hot, there's no doubt, but volume is still declining, and momentum looks to be building a head & shoulders. The real question, will it decline enough for me to get out of my short position this afternoon? lol