In a decreasing trend at the moment, the TVIX market is in a channel that sees its tops declining when the bottoms are being repeatedly bouncing on the support line. Buyers and Sellers are arriving to a crossing point slowly. Unless we notice a break on the support/resistance in this channel, the probability of seeing the market going down further is strong.
If you hold positions above the actual price, all depends on how long you can wait and hold on your losses.
The market will probably from the middle of next week give us more hint in what it wants to do. Better wait two weeks at least, the beginning of June and the second week of June would possibly be nice to trade (Meaning more volatility)
If you hold positions above the actual price, all depends on how long you can wait and hold on your losses.
The market will probably from the middle of next week give us more hint in what it wants to do. Better wait two weeks at least, the beginning of June and the second week of June would possibly be nice to trade (Meaning more volatility)
