short term VIX long position

Updated
VIX

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.

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