I think, but can't guarantee, that UVXY may go higher here. Notice that it's been beaten down a lot recently. However, the black box line has been triggered (on the 10 minute) and the moving averages have converged. AMEX:UVXY
I think they SPY might pull back here. The moving averages have crossed, the black box line is triggered, and the red cloud has started to appear. However, some unusual announcement or tweet may alter this path. People are always looking to push the market higher. SPY
