Yes, but that might be 1 year later after spiking 10x. That can be brutal, or a blessing, depending on what side you are on. All those velocity things like TVIX, UVXY, VIXY, VXX, and what not, based on the VIX, are just derivative of market movements. I think it is probably wiser to pay attention to the movement of the underlyings, probably all SP500, but I really don't know. Great thread. P.S. my vote is pullback is all this is, going higher in the relatively near future.
yep this is 2 leg pullback on the daily and will probably take off on Monday......if not it will dilly dally here and then take off the market appears to be building a base to go up from rather than a top. if and when it builds a top then it will be clear tops take time to build they are not a point or a level
true, i'm tempted to sell some premkt soon to lock in $ tvix s=49 r=54 i remember when it was 60 aftermkt on iran news a week ago then back down to 40 next day