Short
TVIX Confirms Breakthrough - BEARISH
As suspected last week, TVIX has successfully broken through the support curve and continues back down towards its usual levels. The price has confirmed its breakthrough as we can see the intersection of resistance and supply lies above the current price. This suggests the following:
We can expect a steady decrease in price over the following months unless a national market event pops up again.
Additionally, we can expect the DIA to continue upwards back to ATH in the near future???
We can expect a steady decrease in price over the following months unless a national market event pops up again.
Additionally, we can expect the DIA to continue upwards back to ATH in the near future???
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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.