VIXY / TVIX - Weekly View
VIXY just turned bullish on trend for Weekly view yesterday.
We have close gaps to fill above to $20.
RSI has bullish divergence on Weekly view. Normally goes to 70 before calming down again.
Looking at VIXY, SPY, and AAPL together I think the bigger picture is we are headed lower.
Market is overbought. All these charts are correlating together in direct or inverse relationships.
Massive gap fill opportunity at 55ish (when market goes into massive correction we fill $55 gap).
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY and AAPL.
We have close gaps to fill above to $20.
RSI has bullish divergence on Weekly view. Normally goes to 70 before calming down again.
Looking at VIXY, SPY, and AAPL together I think the bigger picture is we are headed lower.
Market is overbought. All these charts are correlating together in direct or inverse relationships.
Massive gap fill opportunity at 55ish (when market goes into massive correction we fill $55 gap).
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY and AAPL.
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