VelocityShares Daily 2x VIX ST ETN (TVIX)

[Citrati]

Agree on the need for a tight stop there if shorting.
TVIX closed at 105.85today. If Price gets past the daily 200 day at 121.89 and confirms then the gap from 133.90-140 comes into play and would be a nightmare to TVIX short holders.
Be nimble and keep banking any green in either direction.

One further note to consider. Measured move technicians show a possible price target of 160 for TVIX.
Likely won't get there in a straight line should it go that high.

Flexibility always these 3X etf's and markets.

Green Trades