Volatility Update VXX/TVIX -- Sharp Equities Selloff and Volatility Increase May be Around the Corner

June 6, 2018: Here is a chart on VXX for the fans of volatility

and here is a chart of TVIX that is a 2X leveraged instrument tracking VXX:

May 29, 2018: https://steemit.com/money/@phisight/volatility-is-likely-to-increase-as-markets-selloff I had posted that volatility increase was close at hand.

We are in the zone I had posted, the initial spike out of the marked zone turned out to be a wave 4 and now we are back in the box for completing the 5 waves that will mark the end of the correction in volatility. I am still expecting a strong increase in volatility very soon! STOPS are a must always to limit losses when wrong, so one must know how to use these before trading any of these instruments imho.

Hope this analysis was/is/will be helpful!

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clearer when expanded.