TVIX descending triangle, trend reversal or continued downtrend?

May 2, 2020

Well it’s hard to say. Descending triangles could be both a trend reversal tool and assured downtrend, so you can’t really be sure which way it’s going to go. I set up profit targets at 150 dollars and 300 dollars. Other people say it’s going up using different methods so that might be what’s happening but I can’t be sure. Anyways, In my opinion, I think everyone should watch TVIX closely to see what’s happening.

(Not financial advice)