UVXY: Mark this post if you're bullish in the market.
I know I posted this (maybe in ST) and I will post it here too. Most of my trades are based on how UVXY is doing. UVXY measures fear (fear cannot be measures in scale imho). But the global market reacts positively or adversely based on geo-political news and we all know that. Sometimes it is so big that market technicals detach from true fundamentals and market negativity takes over.
I think market is about to top off and ready to slide. Take this as grain of salt and please do not take this market advise. I ain't advisor.
UVXY is about to make double bottom (by the end of this week).
My potential plays on this Thursday (or whenever we are near double bottom on UVXY):
UVXY calls
SPX Puts
gl
I think market is about to top off and ready to slide. Take this as grain of salt and please do not take this market advise. I ain't advisor.
UVXY is about to make double bottom (by the end of this week).
My potential plays on this Thursday (or whenever we are near double bottom on UVXY):
UVXY calls
SPX Puts
gl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.