TVIX Analysis

Today markets showed a positive reaction for TVIX in the evening after a drastic decline in price. The chart above shows what I believe to be the exposed market. By no means am I saying that TVIX is going to go up or down, but I intend to buy it all the way down to the lower 8's upon the large purchases that took place in months and weeks prior. With volume picking up I see the market at least stabilizing, particularly with current S & P and NASDAQ outlook.