Replies to post #8101 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[MJ moneymaker]

This seems to move inverse to the S&P and the SPY. Basically if the market does well overall then TVIX an UXVY and other $VIX tracking indices go down and vice versa. The retail report was taken as bullish for the overall market so TVIX is dropping.