Long
[TVIX] 2nd Bar Today Kissed Top of Channel + New Support Channel
I guess lets wait for next week and see if I'm right.
So far I had expected it to raise a lot higher by now. I think by ramp projection is a week or two early maybe but I still think we've seen the bottom until we cross the red-line at this point.
Not much to do but wait. I'm loaded, plenty of room if it spikes to 3200 too. Probably worst case before crash, if somehow people can swing another upwave amidst the shitstorm of economic news dropping next week.
Good luck bulls... I say good luck.
TVIX is not just a bet on a market crash, but the side hedge is volatility and no way next week will be smooth.
So far I had expected it to raise a lot higher by now. I think by ramp projection is a week or two early maybe but I still think we've seen the bottom until we cross the red-line at this point.
Not much to do but wait. I'm loaded, plenty of room if it spikes to 3200 too. Probably worst case before crash, if somehow people can swing another upwave amidst the shitstorm of economic news dropping next week.
Good luck bulls... I say good luck.
TVIX is not just a bet on a market crash, but the side hedge is volatility and no way next week will be smooth.
Data analyst with a passion for best fit lines B)
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