Hello my friends,
I still expect the VIX to move down a bit until end of February.
Then it's a perfect time to go long on it, as we've seen higher highs ans higher lows in the recent time.
18.00 - 18.15 should be the perfect entry.
If you take a look at the larger corrections than it would be around end of April when we can expect the next one. Last Target around 140 - 145.
So be patient until end of February and decide afterwards.
Also it's almost impossible for the VIX to drop below 14.5 in the next few months or even the whole year, so a SL of 14 is really safe right now.
Cheers, Dominik
I still expect the VIX to move down a bit until end of February.
Then it's a perfect time to go long on it, as we've seen higher highs ans higher lows in the recent time.
18.00 - 18.15 should be the perfect entry.
If you take a look at the larger corrections than it would be around end of April when we can expect the next one. Last Target around 140 - 145.
So be patient until end of February and decide afterwards.
Also it's almost impossible for the VIX to drop below 14.5 in the next few months or even the whole year, so a SL of 14 is really safe right now.
Cheers, Dominik