T2108 Update – The Fed Helps Bring The Market Closer To A Major Breakout
September 18, 2015 at 08:11 AM EDT
Buyers on ProShares Ultra VIX Short-Term Futures successfully defend 50DMA support after losing control following the Fed statement. I am watching closely for follow-through. At “best,” UVXY could make one more run for 200DMA resistance.
