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Bullboard - Stock Discussion Forum ProShares Trust Ultra VIX Short Term Futures ETF UVXY

ARCA:UVXY - Post Discussion

ProShares Trust Ultra VIX Short Term Futures ETF > 13 of last 14 "1 minute candles" are GREEN.....
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Post by MichaelRyan2 on Mar 07, 2019 10:38am

13 of last 14 "1 minute candles" are GREEN.....

Bounced from lows of the day all the way back to literally 2751 which is the 200Day MA ....

Question is what happens NOW?

Do we trade sideways?
Do we retest lows of the day?

If we see new lows of the day and close BELOW 200Day MA could bring in alot of technical traders feeling more confident to go SHORT and/or LIQUIDATE some Long positions.
Comment by LongGuy on Mar 07, 2019 11:11am
You did good out at $34+....wait it out until $30 or lower.  You know it's to tricky to play around $32.  jmo.  glta.  LongGuy
ProShares Trust Ultra VIX Short Term Futures ETF
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