typically these indications are a death sentence for vix (UVXY)
when we cross this vwma, and the level of .618 retracement doesnt hold uvxy drops really big really fast. algos could flip bear at any moment, but there is bound to be at least one bounce worth noting between here and $12
Trade closed manually
no need to chase this. im out of all short.
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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.