UVXY/VIX Update…
The VIX continues to hover over the 13/34 EMA
UVXY appears to be in consolidation mode ready to move up; took a position at $13.10..
Good for a small pop at least; maybe, more? I let the indicators guide me…
UVXY 15 ready to have a 13/34 BULL EMA cross…
Nothing complicated here, just a very nice and profitable trading channel…
SPX support will probably be tested tomorrow?
Ouch!