Replies to post #20455 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[idowonder]

I am looking to take a position do you think this is going to continue up or will it drop. I am new to tvix just been sitting on the side watching trying to see how this one works.

[ash111]

more than agree

[Sgreg]

Bears pushed NASDAQ too far in too short of time. Nasdaq gaped down and way below lower BB. Pop on Nasdaq will happen within days IMO. After that TVIX needs to be looked at for possible re-entry IMO.