Watching 20-21 zone for a support.
Historically VIX 20 zone is the bear/bull line.
I expect that to me either tested or even broken for a fake move down and then start to explode.
When VIX is at 45+ watch for the market capitulation. Ideal target for the VIX is 65+ early next year.
When its moving above 35 and especially 45, no no longs for me period, only sell the rips (if there will be any)
Im in with Apr VIX 35 calls, will add tomorrow and on the 28th
Historically VIX 20 zone is the bear/bull line.
I expect that to me either tested or even broken for a fake move down and then start to explode.
When VIX is at 45+ watch for the market capitulation. Ideal target for the VIX is 65+ early next year.
When its moving above 35 and especially 45, no no longs for me period, only sell the rips (if there will be any)
Im in with Apr VIX 35 calls, will add tomorrow and on the 28th