[UVXY] Testing Out No Man's Land Between Down and Up Channels
Price just feeling around in this range and clinging to previous spike TP #1 before next leg up into upchannel.
Gonna be tough to fall back into downchannel again at this point. Got caught right at the 6M Downtrend Core S/R. Cleanly breaking above this will mean lots more upside.
Added in local uptrend S/R (orange), shouldn't fall much below this from here.
Gonna be tough to fall back into downchannel again at this point. Got caught right at the 6M Downtrend Core S/R. Cleanly breaking above this will mean lots more upside.
Added in local uptrend S/R (orange), shouldn't fall much below this from here.
Data analyst with a passion for best fit lines B)
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