Volatility S&P 500 Index
Long
Updated

$VIX Closed below its Bollinger Bands

454
Volatility is underpriced, VIX just closed below its Bollinger Bands, this is an ominous sign, it could spike.
I set a buy stop limit on VXX , buying short term calls could be another option to trade this.
Let's see what happens.
Note
Did not go long VXX , instead shorted SPY at $285.00
Let's see what happens on Monday.
Note
From 10.90 to current 16.00 is a 46% spike.
Still short SPY
Most G20 country stocks are in a downtrend.
When BB contracts and price close below it, then a spike is highly probable.
Trade closed manually
$285.68 out of SPY , overall trend is up

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