Positive divergence on UVXY, I think it is getting ready for a massive up trend which might last a few days.
Due to 0 DTE options volatility is very low and expect it to be suppressed for a very long term.
UVXY
Due to 0 DTE options volatility is very low and expect it to be suppressed for a very long term.
UVXY
Comment:
Good 10% bounce today, I see over next few weeks VIX will creep up.
Comment:
Perfect support line and bounces here and there.
Trade closed: stop reached