two vix forecasts that could both hit (uvxy)
this is a dual forecast for volatility index futures derivative uvxy
by the end of the week we may dip below the 13.89 area
by fri, jan 7 '22 we may rise above the 14.5 area
by the end of the week we may dip below the 13.89 area
by fri, jan 7 '22 we may rise above the 14.5 area
Note
expecting somewhat of a bounce back gap might close or might notat least 13.96 should be in the works if 13.89 breaks uvxy is in for downside
Trade closed: target reached
1st long area reqched essentiallybroqder markets could still be buy
Trade closed: target reached
1st short target reached volatility approaching oversold territoryTrade closed: target reached
all short covered
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Related publications
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.