kobeleaf

$UVXY PT 17.81+ Market Correction

Largo
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
SPDR S&P 500 ETF TRUST (SPY) play, PROSHARES TRUST II (UVXY) is trading at an all-time low, and looks to be primed for a short-term position these upcoming weeks. With the SPY down multiple trading days in a row, with lower buying volume, and higher selling volume — we should expect to see an upcoming temporary market correction or dip. UVXY corresponds to one and one-half times (1.5x) the performance of the S&P 500 VIX Short-Term Futures Index for a single day.

Note: this is not an investment idea, just my opinion.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.