ITUS open gaped Low. I almost sold on the open but I had to hold myself back and rethought may be I was rushing to early. I went to 15 min chart. The chart wasn't decisive for me to short so I waited and kept watching it. As I kept monitoring the chart I decided it wasn't going to be sold of like expected. As I am writing this I am down $75 on TVIX. I got in little too early thinking I would miss out the opportunity. But this was a perfect buy on the bounce. Its still holding its trend support line of Higher High so let see.