In today’s trader tip video, Chris talks about the 9% rally in SVXY over the next 3-9 days. The stock market has been falling for quite some time, and the S&P 500 is down about 16% on the year. The VIX has been spiking and rallying up which means there’s a lot of fear in the markets. When the stock market continues to dive and if the VIX does go any higher, that’s a sign we are getting close to a short-term bottom in this market.
TO LEARN MORE ABOUT THE SVXY RALLY – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.
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Original source: https://www.thetechnicaltraders.com/9-rally-in-svxy-over-next-3-9-days-trader-tip-video/