Loading ...UVXY 60…
Closed position EOD d/t bounce off 2039 support zone to lock profits…
MACD above zero is bullish; indicators have room for more upward movement…
SPX NEEDS a breach of 2039 for BEAR case…
No divergences on RSI 5 to assist; unlike 2 days ago…
Still need a “fuller” right shoulder for the “right look”…
Small H&S on $SPX & other indices, $MUT too.
Been using that H&S on SPX to assist with UVXY…Your SVXY “bullish scenario” remains intact; follow your chart close–still a tug of war!