Friday, April 05, 2019 12:10:45 PM
Right now SPY 5minute is consolidating and odds of making a run at the intraday SPY high are increasing. That would put more pressure on TVIX to create lower low.
I am still not in, even though I want to be, lol. Gotta wait for confirmation signals.
The advance/decline share differential must reverse for TVIX to sustain anything
Addendum: 24.40 needs to hold on closing basis to avoid more down. Might just be testing a buy point. We shall see.
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