Panjang
Does the VIX know something?

I understand that Friday is not the best day, with quadruple witching day. Volatility and specifically the broadly traded VIX futures is possibly a bad indicator considering expiry volatility and the numerous covering taking place for the next month/quarter, but VIX was holding up surprisingly well on Friday considering the S&P spent most of the day at its consecutive highs.
No science, but I think the smart money knows. Well, maybe that sperm looking Friday candle facing upwards.
I am long on a 2x VIX ETN.
Commitment: 2% Equity at SL.
Exit: See chart.
Risk: My view is there could be another 2% upside to the S&P before a leg down. Even so, the VIX might not hit SL.
No science, but I think the smart money knows. Well, maybe that sperm looking Friday candle facing upwards.
I am long on a 2x VIX ETN.
Commitment: 2% Equity at SL.
Exit: See chart.
Risk: My view is there could be another 2% upside to the S&P before a leg down. Even so, the VIX might not hit SL.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.