TVIX Resistance Ahead

9 במאי 2019

TVIX has made a great run and is approaching resistance with some bearish divergences. It may definitely continue higher, but one needs to manage with stops, as seeing 30%-50% moves in both directions is normal. Watch the support/resistance lines. If the tvix bulls push above resistance, we could see panic hitting the markets. Below support, step out and wait for new entry, but don't assume anything! The "Kill Zone" is NOT here yet!