Here is another view of this double bear VIX ETF:TVIX with the SPX overlaid to see the relationship between them. This is an Elder Bar chart that the color is based on the direction of the 13ema AND the Histogram. I do like those colored bars to watch for trend changes. Obviously this ETF tracks the opposite of the SPX. And historically a low occurs this time of year. But just look at the potential of this trade if you catch it right. Mouth watering is all I can say. Sooooooooo "IF" SPX is going to sell off this ETF should go freaking crazy to the upside. Or visa-versa,lol.