If SPX is going down there is a good chance that VIX is going to print a big rally in the following 2-3 days.
It's never a good idea to sit in TVIX and wait for a bounce.
You need to time almost perfectly when it is starting to run. VIX can easily print x2, x3 prices.
I suggest an entry here at the inverted hammer. Stop can go below today's low...
It's never a good idea to sit in TVIX and wait for a bounce.
You need to time almost perfectly when it is starting to run. VIX can easily print x2, x3 prices.
I suggest an entry here at the inverted hammer. Stop can go below today's low...
Trade closed manually
20% on a risky trade is more than enough.
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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.
Related publications
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.