[UVXY] Volatility Matrix: Confirms Lining Up for Possible SPIKE!
Today we have:
1 x BUY entry window UVXY
3 x LL confirms VVIX/VXN/VIX
3 x SB confirms UVXY/VIX/VVIX
2 x LB confirms UVXY/VIX
Seems like a good entry point, would love to see a SB at least on the VXN to increase confidence a tad more but probably not necessary here.
See the OG idea for theory details:![[UVXY] Volatility Matrix Prediction Strategy... Data is $$$!](https://s3.tradingview.com/z/zhDVfwJp_mid.png)
Indicators by @avacamir
1 x BUY entry window UVXY
3 x LL confirms VVIX/VXN/VIX
3 x SB confirms UVXY/VIX/VVIX
2 x LB confirms UVXY/VIX
Seems like a good entry point, would love to see a SB at least on the VXN to increase confidence a tad more but probably not necessary here.
See the OG idea for theory details:
Indicators by @avacamir
Data analyst with a passion for best fit lines B)
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