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Will_Wong

UVXY Potential Cup and Handle pattern. Cup completed.

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ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
Will_Wong  
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
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Volatility has been rising in the stock market lately with the market spooked by a few things including Ukraine, ISIS, and now Ebola. A Cup and handle pattern could be potentially forming with the Cup already cooked. Next week, there could be a dead cat bounce from an oversold market, thereby forming the down part of the handle.
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