EOD: Looking for a '3/c' target. More to run... note that since the huge drop in 2018 of volatility products, UPRO now accelerates above SVXY by 2.5:1 or more typically near tops. That is currently happening.
A turn signal up in inverse volatility ['38', 37min] with supporting positive moves in index instruments printed yesterday at the close-
After the gap up today, not much more than a nominal move up in inverse volatility instruments. Index instruments are showing better upside at almost 3:1 over them. Still early but breadth has little more room to go up. Likely heading for a retrace level of very nominal size by early/mid next week while volatility instruments may hit their target lows setting up the decline to test the diamond apex low from 1/24/22 zone.
Flags will be posted here when a top is detected. (1/25/20, 2/20/20)
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