TVIX appears to like the .5% retracement levels of previous High/Lows. Looking at this setup, that would put the take profit right around $48 for this move.
Note: Not trading or investment advice. Entertainment only.
Compare to previous run up. Therefore, this may run up further. Also see circled MACD profile. It looks just like MACD profile of previous run.
There's a possibility this will run up another 20% at least. Maybe more.
Crypto Crusader here with an insane analysis on TVIX. I'm going to keep this one short, TVIX might receive support from the lower teens before consolidating further and bouncing into the 20's or 30's. The markets are going to be wild from now on, be prepared. No stop loss for me, this is a once in a lifetime opportunity, don't screw it up.
fed comments killed this thing wow was that ever a turn around. Dow was down 150 points, but it quickly swung back to green
"Fed’s Williams hints at more aggressive rate cuts: ‘Better to take preventative measures", CNBC
Earnings numbers will most likely be disappointing. Vix has been sputtering up and down, and china trade talk developments are not making any progress. Market looking pretty toppy right now.
NOT FOR THE FAINT OF HEART.
**** this POS, we are out. Never gives you anything. Never. It's meant to be traded intraday or shorted, just keep thinking the VIX is going to spike, and it probably will but. not risking it again. Selling $16.99