Tuesday, October 27, 2015

[UVXY] update

In the backlink I was modeling a pullback per below.


Today we got as shown in the 10 minute chart below which I then bought a 1/3 position into at the close.  I expect this to begin moving up from pretty early in tomorrow's trading session.  I like the fact that it did a unicorn tail right down to the 50 fib.


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