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TVIX Flashing A Buy Signal

|Includes: VelocityShares Daily 2x VIX Short-Term ETN (TVIX)

A method I use for determining when to buy (NASDAQ:TVIX) protection issued a signal 2 days ago, indicating a market on close buy today. The closing trading price was $5.88. I do not have time to get into any specifics, but I want to start tracking this method publicly. So, I am posting prior to market open on Wednesday. My back testing and trading history on this method is extremely limited - so this is by no means a recommendation to buy along with me. It is simply the beginning of my documentation of this method.

TVIX Price Chart

TVIX Price data by YCharts

Disclosure: I am/we are long TVIX.