VIX Mid-term Futures Rising Twiggs Money Flow
May 17, 2017: As I talked about in last week’s Saturday show, the Vix Mid-term Futures VXZ looks more bearish than the short-term futures chart. We now have a positive divergence on the Twiggs Money Flow.
VIX Mid-term Futures Stock Chart
Below is a chart of the positive divergence on the Twiggs Money Flow as of May 17, 2017:
The investment seeks to provide investors with exposure to the S&P 500 VIX Mid-Term Futures Index Total Return. The S&P 500 VIX Mid-Term Futures Index Total Return (the “index”) is designed to provide access to equity market volatility through CBOE Volatility Index futures. The index offers exposure to a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts and reflects the implied volatility of the S&P 500 at various points along the volatility forward curve.