SPX ——- UVXY——-UGAZ
Until these gaps are filled, UVXY and VIX may stayed pinned to the mat. These gaps on the SPX always fill, seems like.
I look for it to happen very soon, maybe early next week.
One of my favorite patterns is setting up the weekly chart, so I am stalking..
Been a warm fall, will natgas be in high demand this Winter? Hell, my AC is running right now and it only 11:30 in the morning on October 8th.
Last year the rally kicked off in early December with Mark’s great call. (thus the green chart). Will the current uptrend continue or pull back first…no signs of slowing down yet
Thanks Tommy sold my UGAZ EOD Friday. Lots of momentum EOD. If overhead resistance is taken out the thin zone is next. Good for one heck of a rally.
Thanks Tommy