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TVIX - landed on support
TVIX declined right to 200 MA on 15 min chart. Moreover, it is testing the upper channel from above. Finally, its a round 20.00 number. That is a strong support level and if TVIX has bullish intentions it has to prove them here and now. Even under that count where the spike was wave iv up we still can make another spike up to be counted as c of iv.