My first post!
Based on MACD along with the strong possibility of a COVID outbreak (again) I see the TVIX rising from this point into the start of the school year and shortly thereafter. In addition, we have looming macro-economic risks with debt, US elections and negative sentiments in the short term.
All signs point to a reasonable entry now, up until two weeks after the start of school possibly leading into October.
Based on MACD along with the strong possibility of a COVID outbreak (again) I see the TVIX rising from this point into the start of the school year and shortly thereafter. In addition, we have looming macro-economic risks with debt, US elections and negative sentiments in the short term.
All signs point to a reasonable entry now, up until two weeks after the start of school possibly leading into October.
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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.