UVXY 60…
UVXY price action is ABOVE the 13/34 EMA AND 50 SMA–BULLISH
13/34 EMA has crossed–BULLISH
Upward breach of falling wedge is BULLISH
Waiting for WM%R confirmation breach of 50 for clear and convincing signal…
ALWAYS wait for a clear and convincing signal from UVXY…
I put this possible move on the fork chart; this is the same move on the 60 minute…1973 is important support…
UVXY EOD…BACKTEST
looks like an open up gap yesterday that needs to be filled before an up move
Added EOD chart…