Long
TVIX Resistance Ahead
TVIX has made a great run and is approaching resistance with some bearish divergences. It may definitely continue higher, but one needs to manage with stops, as seeing 30%-50% moves in both directions is normal. Watch the support/resistance lines. If the tvix bulls push above resistance, we could see panic hitting the markets. Below support, step out and wait for new entry, but don't assume anything! The "Kill Zone" is NOT here yet!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.