TVIX - PT $48

TVIX appears to like the .5% retracement levels of previous High/Lows. Looking at this setup, that would put the take profit right around $48 for this move.
Good luck!

Note: Not trading or investment advice. Entertainment only.

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Expecting a retest of wedge top before continuing upward.

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And there's a bounce and expected news drop in the background...

cnbc.com/2019/08/23/us-stocks-wall-street-monitors-speech-from-fed-chair-jerome-powell.html

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FED printer running overtime, propping up this market. S&P will get interesting if this trade invalidates.

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Can't compete with the FED printer and sheer ability to prop up the market and economy. Going to continue watching this going into the weekend.

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Seeing a 9 reversal here, so looking out for a near term bounce up. Will this coincide with any relevant news? :popcorn:

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Wedge trend line, holding. Waiting.

Have a look at West. Interesting perspectives.
twitter.com/wstpacglenn/status/1182606280772509696

ignore the duplicate post below. I did not scroll up to use the (update) form. :P

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QE for the people! Endless money printing... Hard to fight the FED. That said, I'm still optimistic here. Trade still active and loaded a few shares UNDER $9

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Massive Divergence. One buyer for the S&P holding this up??? lol!

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LOL, certainly did not expect it to hit target by virtue of RS.

Order cancelled

Reverse split

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