So, keep an eye on VIX in the next few days, very critical spot right now.
To go long, we'll need more confirmation, if these two buy signals were to materialize, but I'll leave those cues to my students and clients.
In the short term, now, if we don't hit 18.5 today on close, if Monday sees VIX make a new daily low, that's further confirmation for longs. After that, if VIX hits 13.6, it'll confirm that the smart money bought the dip, and give us information about key levels of support/resistance from here onwards.
Would love to know your thoughts on this strategy...