VIXY - Reversal In Play

142
Fisher Transform, MACD, and RSI turned bullish on Daily.
Falling wedge within falling wedge is turning to breakout higher.
Going into the holidays it may go super-bullish and blast through the top of wedge.
Otherwise rejection at top of wedge in November/December provides another entry in January at point of wedge.
By Mid-2020 to Late-2020 we should see VIXY get above $30 with elections and market peaking.

Monthly Call options are fairly cheap for VIXY. Or a person can dollar cost average from now until about January for good position.
Excellent risk to reward payout on options.

I am long VIXY, GBTC, BTCUSD, GDX, and MARA.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.