UVXYVXXTTVIXVIXY I like the vix down here- it will most likely have more downside as this rally attempts to push higher.. Volatility is coming in my opinion. I'm also looking for weird behavior or divergences (i.e. the vix & market moving up together).
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GET READY!
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elliott wave in the vix? IDK- but this could be a corrective wave before the vix goes higher to upper trend (?)
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Oh boy, bring it to me:
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I shorted the vix at (5) and (B). Sold my puts near market open this morning- maybe should have held a little longer but we are gearing up for another wave of volatility. It could be very soon or a few days.. market may creep sideways before another leg lower (in my opinion).
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vix corrective wave abc where C is about to complete? C is almost always below #4 impulse so my first forecast was early. Just for my own curiosity, I measured an xabcd gartley pattern here that possible:
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I've made some of the best trades I've ever had vxx options during this last run (up and down). But now I want to focus on the potential trade of a life time setting up. I care not what trickery is thrown our way. I'm prepared for it.
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Very likely a vix spike and it could be a big one:
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I'd love to see something like this play out: Keep the volatility rolling! We're tried of boring price action :P
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