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willgeorgejr

TVIX BEARISH --- Breaks Through Support

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willgeorgejr  
NASDAQ:TVIX   None
Trend Analysis Chart Patterns Beyond Technical Analysis TVIX UVXY VIX CBOE Volatility Index market DIA SPDR S&P 500 ETF (SPY) Bearish Patterns Bullish Patterns
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trendanalysis chartpattern beyondta tvix uvxy vix market dia spy bearish bullish
The support curve created during the initial volatility spike has finally had a clear breakthrough. We can finally expect the VIX to continue back down towards its usual levels. Hopefully this means the market will regain some ground as well.

This downthrust is completely expected after DIA and SPY broke through their resistance since the recent crash. We are back in action.
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