Please enlighten me on why, as TVIX goin up,up, up is opposite current $SPX (another new high today) trend and counter the markets reaction to likely possibility of no more rate hikes. What are the reasons (evidence) for TVIX up, up, up now? A bounce can occur any time, but you seem to be suggesting a sustained move.
What is it that is going to change the trend?
The statement that no one can keep TVIX under $30 seems unlikely at best since it has gone under $30 after every one of its 6 reverse splits. Usually to $1 and recently $4. In fact if you had held from day 1 you would have turned $199,200 into less than $31. This is made for scalping not holding unless there is a ST trend that can be safely traded.
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