Time for a VIX blowout?

2024년 7월 6일

I've been accummulating my VIX puts at it's lows which have tested multiple times during this and last year, finding reaction at all time after consolidation.

You can see two potential paths based on previous reactions here.

The black trendline has been respected three times with the red one being tested 2/3x times as much.

You can also see the bullish divergence on the the daily most recently highlighted with a blue line on the RSI.

Stock markets are way overbought and I'm going long on VIX.

2024년 7월 25일

액티브 트레이드

First target has been met and has moved very well so far, I'd expect a slight correction either today or tomorrow.

It is nearing the trendline which the SPX has developed on Halloween -

2024년 7월 26일

액티브 트레이드

VIX has once again found some resistance at the black trendline which has been circled to highlight.

I personally think this breaks today, or next week.

2024년 8월 5일

거래청산: 타겟 닿음

And that's a wrap. Reached the targeted red descending line earlier than expected, but target reached!