Replies to post #653 on ProShares Short VIX Short Term Futures ETF (SVXY)

[37thirtyseven37]

https://www.google.com/amp/s/amp.businessinsider.com/vix-short-volatility-stock-market-fears-look-overblown-2017-10

$100million short interest was added. This is the most the VIX has EVER been shorted.

Sooner or later when the whole market switches to bear and we have a full 10%+ correction.

But it’s going to take a hell of a lot to push it over. I expected a bigger dip on SVXY this run.

But like clay trader said on UVXY, if that stock holds $16.50, the inverse of this one, then it could push SVXY lower.
Otherwise this was probably the biggest dip it will have until the market changes.