TVIX-4-30-19-3-38-pm

Folks, if you want to ask me a question you simply click that blue logo in the lower right corner. Even if I do not answer immediately I will get back to you in a couple of hours. One subscriber asked me to update my TVIX chart.The reason why I  did not post it because it does not have any clarity at the moment. When ES and RTY made higher highs last week TVIX stubbornly held.We have two alternatives on the count. The black count is the primary one and it does look bearish. The red alternative bullish count has a lower probability in my opinion.I will be a buyer of TVIX if it goes lower at least to 17.70. It’s great when you have a bearish setup in indices and simulteneously a bullish one in TVIX. This time we do not have such a perfect case. In general we should trade each chart on its own.