Hello everyone! Today i want to share some technical analysis with you!!
1.
Triangle: $ProShares Ultra VIX Short-Term Futures ETF(UVXY)$
(1) since late August, UVXY, the 1.5 time EFT of VIX, has been bouncing inside a horizontal triangle--and the boundary is getting tighter and tighter.
(2) there is no way it would fade out to the end of edge--It would explode either UP or DOWN, by Oct. 31.
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