Expecting downside for the SP, we should see a spike in the VIX. This is further supported by a change of trend in the MACD and built up of momentum when observing stochastics.
Trade closed: stop reached
Exited my trade on a 1k loss. Got squeezed to my stop-loss. Bad trade in my opinion despite the basis being reasonable. Expect higher VIX in the upcoming month.
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.