UVXY generated a Buy Signal for the intermediate term (4 weeks and up) at the close of trading on Monday. Yesterday's UVXY high was 13.88, it closed at 13.68 and it is currently trading at 13.82. The trading rule is to require at least some momentum in the direction of the new signal before entering a new trade. Therefore UVXY has to start running above 13.88 to trigger this trade. Adding a small buffer to that, let's call a move above 14.00 the requisite momentum. UVXY Buy Signal Pending >14.00 Option: Feb 18 $15.00C (alternates: $18C, $20C) QQQ Looking for a hard break <370 to target 350
