VIX is in a very strong demand zone so expecting lots of buy limits here waiting for the trigger.
Technical apply to all.
1. Daily RSI in buy zone 2. Price in Demand zone 3. Price has consolidated between red and green line since June. Now we are back at the bottom of the zone.
Entry at current price zone. (Remember risk management and split your max trading size into 2-3 positions to maximize profit and minimize risk. TP @ 36 area
Good luck and let me know if there are any questions.
Charles V CVFX Management Trading made Simple Oct: +30% growth
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.