Replies to post #29985 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

Yes, looking at VXX, TVIX, etc and seeing them hold their ground (just for today) in the face of these new highs in the SPY! Best signal so far a turn is coming very soon. JMHO

[tmorr55]

Incredibly overbought mkt...definitely due for a pullback and you're right, the VIX is flashing the signal