Back into TVIX @ $2.40

I think the DJIA printed 5 waves down and then jumped up to fill a gap.  The 1 minute chart is below.  I suspect that this means it heads down tomorrow.




That rising wedge on the $COMPX turned out to be a 3rd (I should have known, yeah?).  The chart conveniently put in a 4th and then all or most of a 5th.  Again, I model that the completion of red 5 (if it isn't already done) is should finish the 5th and final wave of C of the 2009 bull market.  As always, these are just models but I think this one is very high odds.  I'm holding TVIX overnight as well as JNUG.


GL2U.