I suspect that the bottom is now in for UVXY even though I think that we are still working on a small 4th. Buy the dip IMO, I think it will be an inclining double bottom failed 5th and then it will move up quite rapidly. UVXY has gotten spit on, shit on and hated in every way possible. People now think that they don't need crash insurance. In fact, people have been shorting the insurance. This can move up to $15 in an eyeblink folks.
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