[UVXY] Well That Was a Fun Ride... Where to NEXT?

Another spike prediction in the bag and we learned FWs are helpful structures for predicting UVXY and that steepness seems to be an important signal.

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We should still see another HH soon but may take a few weeks to hit... let's see!

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Two false breakouts today...

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Lots of dip buyers under 10, psychological level?

SPX keeps going up but my UVXY stays the same!

AKA Volatility Charging

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New FW on the 15M, more steep than the large wedge ending around $10 before last breakout but less steep than all the FWs on the spike up.

Got a slight breakout here but maybe still need a better or bigger FW before a more serious breakout...

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Yep...

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Another smaller one, similar steepness...

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Very interesting, another FW...

Feels like we're chiseling into UVXY bedrock rock now haha.

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What a swing dip today!

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Another chisel...

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Nice little gap up, it's following the exact same pattern the last FW just a little more squished together....

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Look at that FW breakout!

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Nice small spike there and crazy rapid decay, damn! Still chiseling into this foundation...