Skip to content
  • Home
  • US Market Updates
  • Indicators
    • Impulse Master
    • Cycle Trader
    • GANN Levels
    • Subscribe
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Chat Room
  • Pricing
  • FAQ
  • Home
  • US Market Updates
  • Indicators
    • Impulse Master
    • Cycle Trader
    • GANN Levels
    • Subscribe
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Chat Room
  • Pricing
  • FAQ
  • My Account
  • Login

Subscription: Access to Micro Counts of US indices

TVIX can extend to new lows as long as under 19.70

In my previous update posted on Friday morning I wrote: “TVIX spiked yesterday in a  structure that may be counted as a corrective a-b-c up in wave iv up. That implies volatility may drop again to lower lows in wave v down.” I also mentioned that TVIX should hold over 19.70 support if it wanted to move higher. However, it dropped under 19.70 and this morning it retested that support-turned-resistance from below confirming importance of that level. As long as TVIX holds below 19.70 it may drop at least to 17.88. But we have a better target at 16.88-16.70 because this is where a strong confluence of fibs is located.

TVIX - 15 min chart updated at 10:55 AM on 4/29/2019

Previous posts:

No posts found.
© 2025 CastAway Trader • Built with GeneratePress