### Comment:
UVXY is reverse volatility. Not correlated with SPY. If SPY goes up two percent or down two percent one day, UVXY goes down either way

### REPLY:
&gt; UVXY is reverse volatility. Not correlated with SPY. If SPY goes up two percent or down two percent one day, UVXY goes down either way 
  
  
 Right. Sorry, I meant inversely correlated. So if SPY is green then UVXY/TVIX should be red.

### END.