[$COMPX] update

Today's AM surge was likely the back test from below.  It counts like a rising wedge, came to the 38.2 fib as well as to the lower blue rail of the long standing rising wedge but could not break through.  Advantage UVXY at this point but the first real confirmation would be a break back down into the channel of the recent tiny rising wedge shown by the red arrow.

Crunch time on the [UVXY] model.

In the backlink I expected today's AM pullback of UVXY and just bought back in at 39.11.   Stops set for 39.10.