Long
Updated

[TVIX 1W] What Else Can I Say?... Lets Make Some $$$!

1 213
My chart on the 1W looking super fresh!

Realizing I should have scalped some profits when it went above my $205 line and rebought lower.

Also realizing that instead of 1 big panic spike like in March, we may see multiple medium sized spikes as it more gradually waterfalls into August.

Def tryin to exit everything early July, hope for a bit of a recover and rebuy sometime before mid-August low hits.

That's as clear as the data can paint right now, be prepared to ride wild swings for the next two-three weeks! This thing can double in a day if the news or panic is bad enough.

There's gold in them there spikes!

Here's my OG idea from June 4th, my lines held up very nicely! B)
[TVIX] Punctured Lowest Support Twice, Held Above... SPX 4k!
Note
What a disappointing update to have to make after this post...
[RIP TVIX] Credit Suisse Gives 9 Day Market Shutdown Notice! :(

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.