UVXY could explode higher!

٦ ديسمبر ٢٠٢٠

Current put/call ratios and extreme bullish sentiment in the market has me on edge!! Long the market right now is good, but be ready for a decent pull back - the sooner the better! My gut feeling is that this baby (UVXY) could go a lot higher, but my gut is not a good indicator. Wait for higher high plus green close on the daily Heikin Ashi chart, and keep a 10% stop. That's my plan. We'll see if my gut has been eating the wrong stuff LOL