$UVXY – big swing but watch out this week…

Got the UVXY swing for 50-plus percent off the 11 consecutive days down.

See the July 23rd post below: “UVXY – what a week this could be…”

Note the red dots on the UVXY chart below and the reversal on the VIX Friday.

Likely some upside to continue from Friday’s bounce into this week before any retest of this last week’s decline.

(click on chart for a larger view)

uvxy-vix2017-08-13_1647

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