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Sell UVXY For a 7% Win

Posted by on April 21, 2017 7:42 AM
Categories: Stocks

April 21, 2017: Sell UVXY for a 7% win and congrats if you made money on the trade.

April 10, 2017: This has to be one of the best kept secrets on Wall Street. Large accumulation is taking place in the ProShares Ultra VIX Short-Term UVXY ETF. I took a long position in UVXY today in my personal trading account.

ProShares Ultra VIX Short-Term Stock Chart

Just looking at the above price chart you wouldn’t necessarily think UVXY was a buy; however, if we look under the hood at the money flow, it’s amazing.

Click on the chart above to see a larger view. The Twiggs Money Flow has been quitely rising in UVXY since the beginning of February! This means that professional traders are quietly accumulating UVXY on pullbacks. Most amateur traders are not going to be playing a high risk, exotic instrument like UVXY. It could even be institutional traders taking out an increasing amount of insurance against a market plunge.

The Twiggs Money Flow just broke above the zero line today which suggests a heavy amount of accumulation in UVXY.

When you consider that the Twiggs Money Flow has been rising since February, it’s incredible that the mainstream financial news is not reporting on this.

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Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on unless specifically stated in the article. Owner of Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.
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