VIX (FEB) - about to go up !??
Updated
Trade for 8th Feb 2024
As now ES and NQ is on the high end, there is a expectation of a mini pull back at least for profit take.
Entry price reference: 13.40 or lower
UX1 Indicative range: Low - High 13.05 - 14
Stop loss: 13.2 30 mins post US open (tighter stop loss)
Profit take: 13.6 - 13.8 anytime thru out the day
As now ES and NQ is on the high end, there is a expectation of a mini pull back at least for profit take.
Entry price reference: 13.40 or lower
UX1 Indicative range: Low - High 13.05 - 14
Stop loss: 13.2 30 mins post US open (tighter stop loss)
Profit take: 13.6 - 13.8 anytime thru out the day
Note
on the day it did reach to 13.6 (13.65 high) and get out before it got re-compressed again. Tight intra-day trading.for now until SPX Option expiry next Friday and CPI data on next Tues, sitting side line for the moment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.