ProShares Trust Ultra VIX Short Term Futures ETFArca
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es1! puts have been lining up for a pump in vx1! and this is captured in uvxy hourly as a bullish engulfing in reversal in red territory sss candles. as long as we hold hourly lows vix and we cross above pivot turning sss signal green and printing a qqe long upper horizontals are in play.
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were in that sss supply zone and its a major resistance box for this fund right now ive drawn some paths that correlate to levels in fib and classic support and resistance