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We're not out of the woods yet.

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AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
$UVXY This market is shaky. I am taking profits here since I expected just a small corrective leg (warning shot). The market overall looks like an exhausted bull, yes it does. And I will wait for this Monday to see if the overall market rethinks the position during the weekend and tries to take it slow or if an overreaction drags it down, in which case the indicators will be overtly bearish and a panic sale can spike the vix. Good luck ! and trade safely out there !

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