RizeSenpai

UVXY: Falling Wedge and Spinning Top with Bullish Divergence

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BATS:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
There is a Spinning Top Pattern inside a Falling Wedge Pattern visible on the Daily Timeframe with Bullish Divergence on the MACD and a little bit on the RSI. If this plays out, I think it could atleast come up to the 200-Day SMA which is where it has topped out after the last several rallies we've seen in the UVXY.

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