UVXY Large Scale Cycle Analysis UVXY facinatingly fell below the wedge line as predicted by the Mount Everest Cycle. In the Cycle, price fell below the wedge to reach the blue arrow bottom.
Short term downside for UVXY is still probable though it can bounce around as it declines to form the blue arrow bottom.
The time is coming for HVU...amazing situation indeed.
https://cyclicalmarketanalysis.blogspot.ca