I have never seen TVIX up 2% when the Dow was up 70 points (good sign to go long)
Tvix and Uvxy holding nicely in another up market day. Pretty much shows volatility is back since the Fed is boxed into a corner and will have to raise rates sooner then they wanted. Market either dives tomorrow on Yellen's words of probably rates increases coming or market flat lines. No way market goes higher with Fed admitting they know higher rates are on the way.
I think the market is far too confident that J.Yellen will soothe their worried minds. She is at risk of high ridicule if action in another direction is not taken as present policy has failed. The rich are rich enough and it is time to help the people. Interest rates must start to rise now.