I don't claim to know alot abot this stuff, but I think that up mkt=down tvix/vxx/etc. last Fri was time to buy xiv which goes up in up mkt. I realize it's a crap shoot and actually is based on "futures" so it would seem that "confidence" is out pacing "fear" at this time. This could change quickly of course. It may be that it is close to time to buy "fear" but like I said, it's a crap shoot.
thanks for the reply; I do not believe its a crap shoot; based on Fridays and todays volume, big time players are involved. They have a game plan and more $$ than time so, in theory, they can influence the direction of an etf. Look at the options; writers woulda taken a bath unlss they got the vix moving; surprise, surprise; they did it.
also, since when does the vix swing by 20% (up high to down low) in 2 days when the s&p is flat over the same period???? Its rigged. PERIOD