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TVIX rallied on Monday due to the stock market sell off but failed at $18.44. Below are levels to watch on VelocityShares Daily 2x VIX (TVIX) as we head into February 2012.

TVIX Buy Levels/Resistance Levels

$18.44

$19.77

$20.40


If TVIX drops below $16.50, I plan to buy the stock and sell into a rally above $17.


 

Tags: 2012, buy, february, levels, sell, stock, trading, tvix

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TVIX dropped below $16 today...I think it's soon a buy for a swing trade but I'm going to wait until pre market tomorrow

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