The TVIX (2x VIX Short-term ETN) Long Swing Trade triggered the suggested stop of any close below 18.48 at Monday’s close of 16.91 for an 8.1% beta-adjusted loss (23.1% loss X the suggested beta-adjusted position size of 0.35). Just as the low-volume pre-holiday drift higher in the stock market extended the negative divergences on the equity indexes, as a near mirror of the stock market, TVIX also extended the positive (bullish) divergences which were in place at the previous low as well, potentially setting the stage for a much larger rally in TVIX in the coming weeks to months. Original & updated daily charts below.