The computers are now setting up the UVXY 39.54 high as teh final high that needs to be breached. The "best" way to play the coming rally is actually via a long position in IWM call options as it has the most upside (Russell 2000) of any of teh major indicies. I'll be spewing my long trade in IWM at my blog too.
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I will short tvix ;)
Looks like my SVXY target of $71 is going to be spot on. Already there in after hours trading I'm wreckin.