VIX went parabolic on Friday as expected in the analysis from last Saturday, Feb 4th. Therefore, TVIX went parabolic, and it was mentioned Friday that parabola's do not "end well" with price anticipated to fall.
Price fell into the close as expected. Monday, price should settle back to at least the 38.2% retracement near $18.30.
The price geometry specifies a surge up next week to a minimum target of $23.50. Inverse VIX futures products such as XIV are available as well.
The following is the chart posted last weekend on Saturday, Feb 4th:
"A bullish wedge pattern appears complete for TVIX as of Friday, with a minimum of $21 to maximum of $23 targeted for next week."
The analysis proved accurate with the bottom date called by the timing cycle, and the minimum $21 target for TVIX hit on the date specified.