TRYING TO PUSH THE CEILING FOR A RECOVERY - HOPES - TVIX - 30MN

TVIX market has changed and now ranging.
We have seen the market testing the top of the range and the readjusted top red resistance line.
The former dotted line becomes now a support.
This new configuration increase the probability of seeing the market passing above the resistance downtrend line. Where, an entry for a long direction trade will have more chances to succeed.