...Well, if you were lucky enough to buy the TVIX before the historic March Market Plunge, and sold it near those highs it produced while most stock markets made their lows, you nailed 1900% gains!!! Also on the 'bargain' priced VXX & VIX = 450% gains!!
Enough said. Watch these Volatility Indexes closely, maybe start accumulating now and hold, -as we see more stock market drops, these can repeatedly 'Moon' again!! (& an added bonus, they can be easily shorted on the way back down!)
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Wow, just today's SPY dropping just 1.77%, TVIX rocketed 31% during today's trading range. up 19.8% overall today.
I'll admit today it was a bit choppy and some fake-out type unpredictable moves, it can have it's difficult 'nail biting' moments; rapid price swings that stopped me out a couple times, I'm still learning Patience and FOMO control but there is huge potential for quick gains here day by day in the coming weeks & months with market volatility.
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SPY Support & Resistance Levels established, lets see which way we follow, much depends on news and if the Fundamentals of the world financial crises
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Buy the consolidation dips at these bottoms, TVIX is poised for huge break to the upside when the reverse happens on the SPY, etc.