TVIX: Possible start of Bull market cycle

Updated
Uncertain whether this is truly possible for TVIX; however, it has an uncanny resemblance to the market cycle psychology chart. Also, look at that volume! I'm not saying to go Long, but it's worth your attention.
Comment
Would corroborate TVIX idea if it plays out. snapshot
Beyond Technical AnalysisTechnical IndicatorsTrend AnalysisTVIXVIX CBOE Volatility Index

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