Below is the Daily price bar chart of UVXY, the 1.5X leveraged ETF of the CBOE Volatility Index: VIX. It has been on a Trend Model Sell Signal since February 8, 2021. Close Up Outside of an aggressive short-term trade, there is nothing exciting or imminent intermediate term. Which in and of itself is a reason to start to get excited. The next Buy on this chart will be the bell ringer for a potential 10X intermediate term trade in UVXY out-of-the-money calls. It looks like a close above $18 will do it. It may not come anytime soon but it will and when it does expect to hear from me.
