Post FOMC sell off has seen vix declining - very counter intuitive. I am expecting this to reverse soon
Significant resistance around 26.5 -26.7, and declining with time and down move.
If we start trading above highlighted resistance zones - vix bears will run for cover
Somewhere around 24.5 will be a good place to try longs
Significant resistance around 26.5 -26.7, and declining with time and down move.
If we start trading above highlighted resistance zones - vix bears will run for cover
Somewhere around 24.5 will be a good place to try longs
Trade closed: stop reached
We did get a bounce towards the mentioned reistance zone that was sold into
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Disclaimer
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.