Going back to ^VIX and its variants of index funds (incl 2x, etc).
When the intraday chart is diverging negatively , ^VIX would be a good trade would be a good trade. Even converging negatively, it can be okay. I've seen people who made $ on ^VIX variant index funds on a bull market.
TVIX would be better than Bear index funds during bull market for sure.
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