[UVXY Volatility Matrix] Rule #1 of Charting: Haters Gon' Hate!
People out here actin' like predicting the future is easy!
I'm just on my grind layin down some novel trading ideas. Take it or leave it.
UVXY definitely caught a right hook to the chin today but as I made clear in my new RSI Model idea, this type of melt down swing dip typically precedes a spike and it could be exactly what we're seeing here given a lot of data aligning for an EOM spike.
Not expecting it next week either, higher odds the week after based on how things are shaping up. It's all laid out for ya in the related ideas.
The magnitude and exact timing of the next spike is always the trickiest part but odds say we hit the mid-20's at least before EOM and HHs by mid-November (likely due to election chaos of some kind).
I'm trying to map the future for you guys here, don't take this sht so seriously! There's more to life than money people.
Happy to bide my time and take my learnings while dialing in my Crystal Ball B).
Volatility Matrix Analysis
Anyway, Volatility Matrix is looking MORE Bullish.
We got Entry Windows today for UVXY and and VXX and even VXN (not depicted here) and a LL for UVXY and VIX with both a Small BUY and Large BUY for VVIX.
Somethin is brewing here, we'll find out soon!
I'm just on my grind layin down some novel trading ideas. Take it or leave it.
UVXY definitely caught a right hook to the chin today but as I made clear in my new RSI Model idea, this type of melt down swing dip typically precedes a spike and it could be exactly what we're seeing here given a lot of data aligning for an EOM spike.
Not expecting it next week either, higher odds the week after based on how things are shaping up. It's all laid out for ya in the related ideas.
The magnitude and exact timing of the next spike is always the trickiest part but odds say we hit the mid-20's at least before EOM and HHs by mid-November (likely due to election chaos of some kind).
I'm trying to map the future for you guys here, don't take this sht so seriously! There's more to life than money people.
Happy to bide my time and take my learnings while dialing in my Crystal Ball B).
Volatility Matrix Analysis
Anyway, Volatility Matrix is looking MORE Bullish.
We got Entry Windows today for UVXY and and VXX and even VXN (not depicted here) and a LL for UVXY and VIX with both a Small BUY and Large BUY for VVIX.
Somethin is brewing here, we'll find out soon!
Data analyst with a passion for best fit lines B)
