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UVXY / VIX Bull Case
UVXY
, 240
Long
UVXY: UVXY / VIX Bull Case
Updated 

UVXY has a microphone formation (higher highs, lower lows), signifying a potential breakout soon. In my opinion, not if, but when $VIX closes above 25 and doesn't reject it instantly, letting it settle above for more than a day, we're going to see VIX rise exponentially fast. We got a taste of it Monday morning. I think VIX will hit 50 very soon given all the...

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