Friday, February 17, 2012

Very Interesting......TVIX

VIX doiwn 7.5% and TVIX down 3%. Why is this interesting? because TVIX is supposed to be 3X's leverage of the VIX- it should be down about 21%! The volume is been enormous- about 600% to 700%. What is going on here? Our hunch is that there has been huge accumulation; but for what? Why? It is a little too early to tell and our entry point is back around 13.50 to 14 for now; however, this needs to be watched closely. The S&P500 technically can go 1400. This is not too far away. Watch out for a violent pull-back at or close to this level. Stay tuned and check emails for strastegy.