VIX on watch for double bottom @ 37 within falling wedge

17 thg 4, 2020

Watching to see if VIX holds a double bottom. Wedges very often end on double bottoms or double tops (as per a riding wedge).
Only using this as a tool to calculate general market sentiment, no positioning for me directly within volatility products currently.

Thank you.

17 thg 4, 2020

Ghi chú

Not using this as a "told you" just as an example of how these often work.

17 thg 4, 2020

Ghi chú

17 thg 4, 2020

Ghi chú

Side note - I was trading when this weird fake VIX candle happened. Not sure if its dark pool or what, but funny it has been a bit of a magnet.

21 thg 4, 2020

Ghi chú

Hope you all caught some nice market fade action . VIX worked out well :

Closed most of my put spreads today - QQQ, SPY , MSFT, FB
Either look for a LH to re establish or might just daytrade futures for downside.
Thanks!
Masta