two vix forecasts that could both hit (uvxy)
Updated
this is a dual forecast for volatility index futures derivative uvxy
by the end of the week we may dip below the 13.89 area
by fri, jan 7 '22 we may rise above the 14.5 area
by the end of the week we may dip below the 13.89 area
by fri, jan 7 '22 we may rise above the 14.5 area
Comment
expecting somewhat of a bounce back gap might close or might notat least 13.96 should be in the works if 13.89 breaks uvxy is in for downside
Trade closed: target reached
1st long area reqched essentiallybroqder markets could still be buy
Trade closed: target reached
1st short target reached volatility approaching oversold territoryTrade closed: target reached
all short covered
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