I am short from 2745 using VIX futures (LONG VIX). This could retest near the lows. I think getting in on this short is getting challenging as we are already down 1.6% for the day as I write this. Simply informing that we've broken a congestion and momentum is clearly to the downside. Targets will be updated
Previous S&P 500 analysis
How I am short:
I went long VIX because my profit potential is potentially higher than a pure short on the S&P
Previous S&P 500 analysis
How I am short:
I went long VIX because my profit potential is potentially higher than a pure short on the S&P
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Key level is right here. Think we are good for today
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