Replies to post #20773 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[weedresearch]

my fear is they have three + weeks till the FOMC meets. that gives them this week and next to run this sucker up.

I see the wall, but if they break it (and I think they will) then the next stop is 1985, then 2020....neither of which has much resistance between the two.

not to mention contango and the rollover 1st of next week. this thing could get back in the 7's or a decent amount lower. I'm waiting this time before I jump in.

just my .02