What we see is ImportantMarket whipsaw. Thus I trade the mini swings. What I look for on Uvxy or HVU is the bottoms. How are these setting up against day low. On whipsaw seeing rising bottom prices. On topside price cannot break out to upside YET.
Look at prior low dip. If price falls past that likely we see strong drop end of day. Right now very tight whipsaw.
We should prefer a drop and low Friday open. That takes away any gussing about holding overnight.
Cheers Manx GLTA