This chart has shown the complete movement of VIX from November 2021 to the current time period.
From the support line, I am thinking currently it’s a good idea to engage in volatility index. When I look at the previous two times when VIX retraced back to the support, I am noticing a 35%ish spike in 6-7 days, and then fell back to the Fib .786 level.
Thus, I am looking to purchase some VX, and once VIX hits around the 35% target, I would close 70% of them and will look to re-enter at around $21.
The long term I am aiming at 42ish, which is a 120%ish spike from the lowest point, corresponding to the previous two movements as well. UVXY could be a good tool to play with, and let’s see how it goes.
From the support line, I am thinking currently it’s a good idea to engage in volatility index. When I look at the previous two times when VIX retraced back to the support, I am noticing a 35%ish spike in 6-7 days, and then fell back to the Fib .786 level.
Thus, I am looking to purchase some VX, and once VIX hits around the 35% target, I would close 70% of them and will look to re-enter at around $21.
The long term I am aiming at 42ish, which is a 120%ish spike from the lowest point, corresponding to the previous two movements as well. UVXY could be a good tool to play with, and let’s see how it goes.
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.