Backwardation is when front month VIX futures costs more than next month futures. Can you assume that is the case during the entire bear market? Again is depends on the curve, and the curve chart should be linked to with every TVIX post imo
This post contains almost everything you need to know to trade and profit off the VIX products. Only thing I would add is put VVIX on the watchlist. Once I took the time to understand the VIX products, VVIX was the only chart I had to watch intraday.
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