It should be pretty clear by now I'm a fan of a swing trade in volatility, at least swing.
Although I already have VIX Calls and UVXY long which is in the green, I will add UVXY long in to the trading portfolio, perhaps reduced size as there's already good leverage and high Beta.
VIX Futures and the 60 min chart, this shows the accumulation and an inline status.
The 30 min also never deviated from in line to anything negative, now clearly moving positive.
The 15 min chart throwing one of those sharp 3C signals of leading positive.
VXX 2 min also throwing a sharp leading positive signal
And the 15 min UVXY has a larger leading positive based on a bunch of those very sharp signals the last several days/.
The reversal process is in place, the spot VIX Bollinger Band Squeeze is extreme and mature, I like the idea of having some exposure to VIX but as a trading position.
No comments:
Post a Comment