TradingMSO

DJX / DOWI - Trading Setup & Plan

Short
DJCFD:DJI   Dow Jones Industrial Average Index
Target is 180 and my plan is to sell half of my profit at 183 then the rest at 180. VIX is also low but the stop loss for me will probably be at around 188.
Trade active:
Almost hit my half target of 18300, VIX also moved up as expected.
Trade closed: target reached:
I apologize I forgot to update this idea, and the target has been reached.

Comments

Very nice chart. The volatility index is lower than in late 2015, the lower it gets the high it's gonna be the next big move --no doubt.
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