StakeStack

VIXY YEAR LONG SOLID SUPPORT CONFIRMED

Long
AMEX:VIXY   ProShares Trust VIX Short-Term Futures ETF
Profit from volatility...
Here we have VIXY on the 3 Day chart. We can see very strong support in the low $20's that has been tested 3 times and bounced hard to the north over the span of a year.

Simultaneously, all major indexes are showing major weakness in uncharted territories and extremely overbought.

My recommendation entry up to $27

Take profit at $30, $36 and $40 but the potential for much higher is there.
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