Friend, VIX Daily Update: XIV Gains Momentum | TradingGods.net

[TradingGods.net Logo] *****Advertisement***** Know Your Next Options Trade? Know EXACTLY which ETF's and Options To Trade... TODAY! Get your special 2016 hot list report, and exclusive training video [a][ccess here] *****Advertisement ***** VIX Daily Update: XIV Gains Momentum Hello Trading God Friend, XIV rises sharply in line with the broad equities rally. Inverse volatility (NYSEARCA:XIV) rose sharply on Tuesday and settled at the highest level in six months on strong gains in the US equity markets. The VelocityShares Daily Inverse VIX Short Term Futures ETN, which tracks the inverse daily performance of the VXX, climbed 5% to 29.46. The index closed at its highest level since early December, a sign that volatility was receding from the US stock market. Relative strength is above 60 and rising sharply, while the MACD remains in positive territory despite signs of weakness over the past two weeks. Price action is strengthening, with the 50-day moving average maintaining an upward trajectory. [sc] The large-cap S&P 500 Index (NYSEARCA:SPY) closed up 1.3% on Tuesday. Major VIX ETFs: iPath S&P 500 VIX Short Term Futures ETN: (NYSEARCA:VXX) Designed to offer exposure to the S&P 500 VIX Short Term Futures Index Total Return. The Index uses CBOE Volatility Index futures by way of a long position in the first and second month VIX Futures contracts. VXX declined 4.9%. VelocityShares Daily Inverse VIX Short Term Futures ETN: (NYSEARCA:XIV) Designed to track the inverse daily performance of the S&P 500 VIX Short Term Futures Index. XIV advanced 5%. ProShares Ultra Short Term VIX Futures: (NYSEARCA:UVXY) UVXY is designed to deliver 2X (leveraged) returns of the day’s moves in the S&P 500 VIX Short Term Futures Index. It tacks the two front months of the futures contract. UVXY declined 9.8%. VelocityShares Daily Short Term VIX Futures ETN (NYSEARCA:TVIX) TVIX is a leveraged VIX ETN designed to deliver 2X the returns of the daily S&P 500 Short Term Futures Index. TVIX declined 9.5%. The Final Word: A sharp rise in inverse volatility suggests that the US equities market is in search of higher highs. The major stock indexes attempted at new all-time highs last month before being sent back sharply, as the market lacked the fundamentals to continue pushing price higher. Sincerely, Dan, The Trading God dan@tradinggods.net [Ridgeline Media Group LLC BBB Business Review] Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,] [Terms of Use,] [Privacy Policy] before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe] Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States