TVIX - Is now a time to dive in?

My first post!

Based on MACD along with the strong possibility of a COVID outbreak (again) I see the TVIX rising from this point into the start of the school year and shortly thereafter. In addition, we have looming macro-economic risks with debt, US elections and negative sentiments in the short term.

All signs point to a reasonable entry now, up until two weeks after the start of school possibly leading into October.