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UVXY - VIX Futures ETF- rises from a falling wedge breakout LONG
ProShares Trust Ultra VIX Short Term Futures ETF
Long
UVXY - VIX Futures ETF- rises from a falling wedge breakout LONG
By AwesomeAvani
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Updated
Apr 5
2
Cheer
Cheer
Apr 3
UVXY on the 30- minute chart is now in an establish falling wedge breakout. Increasing
volumes lend support for bullish momentum as does the fear that rate cuts may be postponed
the the market's bullrun may stall and correct. This chart is left clean with only trend lines
drawn in recognizing that quite a few traders only have a basic subscription on Tradingview
without the luxury of multiple indicators, alerts and so on. A rise in the VIX may be a signal to
start trimming long positions or hedging with short trades.
Apr 3
Comment
Sideays price movement today.
Apr 5
Comment
Price moved up with the uncertainties of the rate cut. expecting more tomorrow.
Apr 5
Comment
Updated idea uploaded linked here
fallingwedgebreakout
fallingwedgepattern
fearandgreed
Supply and Demand
Trend Lines
Trend Line Break
UVXY
VIX CBOE Volatility Index
vixx
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