simpsontrade

simpsontrade

We see clearly 12 is the value zone for VIX. All our leading indicators such as Copper, RUT, IYT show possible pull back if not correction in stocks. In accordance with recent COT reports we don't see it to be dramatic. Possibly start buying VIX December futures in small portions around 14.

simpsontrade

It could plunge if closing below 225 on the weekly charts.