VIX & UVXY to the moon, finally?

• recent Zig-Zag area could mean a UVXY bottoming & long awaited spike might be happening
  
• recent enormous volume levels for UVXY (biggest since March 2020 drop) - watch volume profile at 20 - lot of hedging in there
  
• SPX reaching ATH in very explosive move with lack of volume
  
• the possible spike could have many targets - once 20+ is broken - 45 level and beyond could be a reality (possibly 800+ if big SPX bear is in place for next months)
  

Yorum:

first spike done, let's see about the second spike possibility