Real Time UVXY Spike Level Tracker

Key Features

• Real Time All-Time Low Tracking: Continuously updates the ATL using daily timeframe data.
  
• Multiple Spike Levels: Displays +20%, +50%, +75%, and +100% levels above the ATL.
  
• Real-Time Spike Percentage: Shows current distance from ATL in an easy-to-read table.
  

Understanding the Chart Lines

• Red Line (ATL): The all-time low baseline. This is your reference point for measuring volatility spikes.
  
• Yellow Line (+20%): First level of moderate volatility increase. Minor market stress or routine volatility expansion.
  
• Blue Line (+50%): Significant volatility event. Indicates elevated market concern or technical dislocation.
  
• Purple Line (+75%): Major volatility spike. Typically coincides with substantial market selloffs or uncertainty.
  
• Fuchsia Line (+100%): Extreme volatility event. Rare occurrences associated with market crashes, black swan events, or severe panic.
  

The Data Table Displays:

• Current Spike %: Real-time percentage showing how far price is above the ATL (highlighted in green)
  
• Level Column: Each spike threshold level
  
• Price Column: Exact price at each level for quick reference
  

Understanding UVXY spike levels is valuable for several reasons:

• Market Timing & Entry/Exit Points
• UVXY typically experiences extreme spikes during market panics or crashes. Knowing historical spike levels helps you:
  
• Identify extreme fear levels - When UVXY hits unusually high levels, it often signals peak panic and potential market bottoms
  
• Avoid chasing volatility - Understanding what constitutes an "extreme" spike prevents buying in after the move is already exhausted

Mean Reversion Trading
UVXY has a strong tendency to decay over time due to its leveraged structure and the contango in VIX futures. Spike levels matter because:

• High probability reversals - When UVXY reaches extreme levels (say 2-3x normal), there's historically been a high probability of reversion
  
• Risk/reward assessment - You can better evaluate whether a short position or volatility-selling strategy makes sense

Leveraged ETF enthusiasts and volatility traders often use specific spike percentages as triggers to open short positions. For example, some traders might short when UVXY spikes 5-50%+ in a week or reaches certain percentage thresholds, betting on the inevitable decay back down