11/08/2020 UVXY - possible buy
Hi all,
Hope you all playing well in this volatile, abnormal, and preposterous market.
UVIX and SPY are currently at possible reversal.
UVIX: currently at demand area. 14.40 - 14.60 area is strong demand zone, we may see a reversal from here as SPY is also at a possible reversal area.
Make sure to place SL below $14.30, we may see $12 if this area breaks.
Good luck to you all!
Hope you all playing well in this volatile, abnormal, and preposterous market.
UVIX and SPY are currently at possible reversal.
UVIX: currently at demand area. 14.40 - 14.60 area is strong demand zone, we may see a reversal from here as SPY is also at a possible reversal area.
Make sure to place SL below $14.30, we may see $12 if this area breaks.
Good luck to you all!
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