MoneyPatterns

VIXY - Get In or Get Left Out

לונג
AMEX:VIXY   ProShares Trust VIX Short-Term Futures ETF
VIXY and VIX derivatives are ready to spike.
RSI, MACD, Fisher Transform, and Filter Dots all show reversal coming in next 5 business days.
There are 4 gaps to fill, indicating a possible 44% positive correction to around $20 for VIXY.
The reversal period is short here. I believe it may last until Christmas.
Going to green curved line (Gaussian Channel midline) would be normal given the chart history.
November 26th or sooner, I feel we will exit the current pattern up.

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.


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