Vix - 30 min - 26.5 to 26.7 are levels to watch
Updated
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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