...and continue another 100 drop tomorrow. UVXY should be near 11~ish then.
Averaged in at 8.40
LOL...slide has begun. Should see $27s today or tomorrow.
That is if market and oil continue to the downward slide.
Wow...this is going to blast MBLY to $60+ in coming days.
Sentiment: Strong Buy
That said, at least 1/2 the time I see it bounce back to 60% drop (possible short covering pop???) and then gradually erode back to 80%. .30 to .80 cents could be possible ranges in next few days.