UPRO is likely on it's way to tracking the volatility instruments more correctly. It [and by default, market indexes] needed to 'catch up' with volatility increases that began on 11/4/21. A turn signal in UPRO has been observed from 1/13/22. However, a volatility turn signal has not yet printed which is most often required to demonstrate that a large degree terminal top has begun. Turn signals on market related instruments [UPRO] are much less common so the timing of the appearance of this one in the higher degree wavelength date zone could be significant.
The current decline in the market could continue [as far as a time target] until 1/29/22 or thereabouts [with retraces on the way] based on how observed frequencies have printed since 1/5 [high] and 1/19 [lower high].
The bots will flag here when they see a top. (1/25/20, 2/20/20)
The current decline in the market could continue [as far as a time target] until 1/29/22 or thereabouts [with retraces on the way] based on how observed frequencies have printed since 1/5 [high] and 1/19 [lower high].
The bots will flag here when they see a top. (1/25/20, 2/20/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
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