TVIX I have to thank Ownwallstreet for making me think to incorporate the 8 SMA into my trading plan. It works really well for another confirmation on a buy trigger for the divergence trade I like to use on the 15 minute chart. Part of my scalping trades. I do not like the way price action is going on TVIX at the current moment and am not in the trade.
But this is a look at the 15 minute chart with using the 8 SMA
OOPS just realized that the previous chart was the 60 minute chart. But I actually like it better than the 15 minute chart. LOL Didn't have time to redo everything so here is the same chart on the 15 minute scale.
Note to self, the 60 minute chart looks nicer. LOL
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