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cerealcharts

you guessed it: overbought vix (UVXY)

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ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
cerealcharts  
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Chart Patterns Technical Indicators UVXY VIX CBOE Volatility Index etfs leverage
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trendanalysis chartpattern indicator uvxy vix etfs leverage
this thing has pumped all day and is getting tired. UVXY is overbought on the 15 minute timeframe and is taking on the appearence of a pullback on the one minute where qqe is trying to punch in a short entry. could there be more to go bullishly? of course. why bother trying to squeeze more out of it long when you know lower prices soon are all but guaranteed?
high to mid 19s are a target.
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