Replies to post #38404 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[ANIA77]

Yes.. surprisingly SPY keeps moving up and TVIX holds flat here above 150... but I remember similar action 2 weeks ago when pps was trading flat above $180.. and then gap down next day.. there are 3 very similar candles on a chart two weeks ago.. SPY is building pressure to attack 300.. if it breaks through and holds it as support, TVIX is going down big... so I'm being careful here.. also I really don't see any major bad news popping that would boost volatility and TVIX.. at least not for now

[ANIA77]

I mean TVIX is running out of time to have another pop here imo
I still hope that SPY will fill gap below before moving above 300 and holding it as a support moving forward.