[UVXY] Volatility Treasure Map: Ok Guys... Now is Our MOMENT!
Didn't have much to update for awhile there but starting to see some action finally! Was
I predicted 10.50 as the low this downswing, which was spot on. We broke a little under for a day but it's been a very solid floor here.
Also as predicted weeks ago, Price shot up when it crossed the magenta core trend but got stopped precisely by the 200 SMA AND the white horizontal trend:
Next pumps we're looking for will come when we cross the white line and green line a little. Red line cross will be very reactive and shoot price up. I think red rejects it on this initial spike, we get some retrace into a wedge and then it pops higher.
Just a feeling but sht who knows, if we push through red at already elevated levels the spike gonna be huge.
This is Fractal Theory at its finest, lets see if we can predict the future! B)
OG Idea:
![[UVXY] Back to the Drawing Board: DECAY is the KEY B)](https://s3.tradingview.com/l/L5dP4m8l_mid.png)
I predicted 10.50 as the low this downswing, which was spot on. We broke a little under for a day but it's been a very solid floor here.
Also as predicted weeks ago, Price shot up when it crossed the magenta core trend but got stopped precisely by the 200 SMA AND the white horizontal trend:
Next pumps we're looking for will come when we cross the white line and green line a little. Red line cross will be very reactive and shoot price up. I think red rejects it on this initial spike, we get some retrace into a wedge and then it pops higher.
Just a feeling but sht who knows, if we push through red at already elevated levels the spike gonna be huge.
This is Fractal Theory at its finest, lets see if we can predict the future! B)
OG Idea:
Data analyst with a passion for best fit lines B)
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