Stats by ManxIf making decisions by an article stating “war between retail and institutions” canlead to a retail loss in short term (weeks). You can get a bounce any day of week on Tvix or Uvxy but not 200+ % breakouts as article referees as almost imminent. You know my position on Tvix UVXY Entry 2019.
Vix Index: in 6 of 6 prior years VIX index has hit 11 before a strong advance. In two years of Trump policy years the VIX index lows were 8.56 in 2017 and 8.92 in 2018.
Further to the VIX index stats are government policy and economic data. Trump policies on government regulations, taxation and business offshore repatriation have significant effects on driving market higher. The Fed policy to tighten on balance sheet and interest rates contained inflation. The Fed have backed off on global economic concert.
The US China deal follows that of the USMCA on trade. This will be a short term blockbuster which Spurs markets forward as it will effect multiple sectors positively.
The Brexit was a pain but the Euro zone turnaround from its doldrums go nowhere Draghi policies will change. The Eu with the UK out will more likely move toward open trade then its current protectionism policies outside the EU countries.
The math is there. A S&P in Obama yeas at 1400 on a 10 % rise moves it 140 to 1540. We now have an S&P at 2900 which can move 10% =290+ so expect near 3200.
Montha ago I wrote when Tvix was at $50, down from $80, that you would see it reach Oct 2018 low. Well it has and I also projected tvix would see $15-$18, or lower. As to VIX index I projected a range 8.75 to 10.25 is a point where strong bounce or a rocket price change can occur..
Patience, use it or lose it! I do want my retail retail friends to win this one. Glta Cheers Manx Dgaz, not bad call off Dgaz $85.