11/08/2020 UVXY - possible buy

Hi all,

Hope you all playing well in this volatile, abnormal, and preposterous market.

UVIX and SPY are currently at possible reversal.

UVIX: currently at demand area. 14.40 - 14.60 area is strong demand zone, we may see a reversal from here as SPY is also at a possible reversal area.

Make sure to place SL below $14.30, we may see $12 if this area breaks.

Good luck to you all!