TVIX has a defined range here and if it heads above upper range, should test highs. Below lower ranger-to marked target on chart.
TVIX has made a great run and is approaching resistance with some bearish divergences. It may definitely continue higher, but one needs to manage with stops, as seeing 30%-50% moves in both directions is normal. Watch the support/resistance lines. If the tvix bulls push above resistance, we could see panic hitting the markets. Below support, step out and wait for...
This is my idea of how I believe the SP500 may behave. The larger drop should complete the inverse head and shoulders. And TVIX may have very big gains. GL
NASDAQ:TVIX VelocityShares Daily 2x VIX Short-Term ETN (TVIX) --- Buy Limit 1 - $25.02 Take Profit - $25.63 Stop Loss - $24.27 ------ Take Profit = +2.44% Stop Loss = -3.00%
I hate to be so bearish but I feel like the vix just gotta bounce a little bit. The other thing we are betting on, is that, due to bitcoin having a huge increase. We expect the market to take a little hit the next day. This has typically happen a few times in the past. there like a 48 hour delay effect. weird :/
$uvxy $tvix Eyes on VIX. I'm completely speculating but possible bull divergence and broadening pattern. R/R in favor of big move up.
VIX and the Financial Conditions Index are the same charts. Rising volatility correlates with falling stock prices because of a tighter liquidity environment. Expect more downside.
I've been accumulating this in the last few weeks, faithfully waiting for this day. Today's massive volume spike seems to signal the beginning it's ascent. SPX also had a failed breakout this week and inverted hammer on the weekly - very bad news for bulls. That, and other numerous factors (global economy, yield curve, etc. etc.) makes me believe even more...
$TVIX April target $60 - $80 in sight
It doesn't get any better then this folks. Don't have time to elaborate.
Retail Sales posted abysmal numbers National Emergency declared S&P500 due for a reversal China U.S relations worst in recent memory with the arrest of Huawei CFO U.S. industrial production fell in January for the first time in eight months Something has to give. I'm using some intuition with this trade, just have a good feeling about it, especially considering...
Targets are the green boxes. One more thrust up on on SPX and will be good to go. 4hr bull divergences have played out nicely in the past - good luck!
CBOE:VIX I don't play the VIX often, but the market seems overextended/euphoric and due for a pullback, with the VIX nearing some established levels over Support. It's potentially a good play. I like to play wide zones to allow myself a larger margin of error, but if 16.50 to 15 is too wide of an area for you, wait till Support 2.