overbought vix (UVXY)

i wouldnt want to be holding this thing long right now. were at 84 rsi hourly and a pullback from these levels seems like its in the works.
mid to high 15s is the target. even if we gap up and blast to the upside, i dont think were really in hot water unless spx breaks to new lows, and it doesnt seem like thats going to happen.

İşlem elle kapatılmış

i think its prudent to cover here. idk what overnight will look like.

Not

if were not back above the top of the range around 17 were probably headed back for low 14s

cerealtrades

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

cerealtrades