IndigoTradingGroup

VIX| Identification Of Highest Probability Reversal Point

Long
TVC:VIX   Volatility S&P 500 Index
Quick trade before going into new years
VIX seems to be falling as the SPX continues to rise. We are expecting price on the SPX to rise to around the 2600 price point before sellers take over.
This will confluence with the VIX buy zone as indicated on the graph.
This point coincides perfectly with the 50 Ex MA , 50% Fibonacci retracement and strong structure zone.
Keep your eyes here as there is high possibility that price reverses here

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Enjoy the New Year
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