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ProShares Trust Ultra VIX Short Term Futures ETF UVXY



ARCA:UVXY - Post by User

Post by manxcanon Apr 09, 2019 11:28am
32 Views
Post# 29602017

IBB

IBBBio tech ETF off just 0.66% so a soft day in bio. If you see Zsan at $3.90 -$3.95 sell some, so important to reduce. Hate to see you on a gap down. On any Bio once I identify bottoms and it rockets up both MR and I have spoken about caution as it falls off highs. 

Zsan an High was $6.65 from prior day low $2.18. A 3 mo daily chart shows 6 descending tops. Very important to gauge buying back in to these trades. Buying back in at $4.50 is high risk as still 150% above the $2.18 low of Feb 20.

Since Feb 21 followed by 18 negative verses 13 positive day closes so high bounce off a low price pullback were not holding.

you will overcome this volatility crash, just a pain in but but move on with confidence many other opportunities ahead. 

GLTA Manx
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