jojofang0901

VIX we can expect this bull move up

Long
TVC:VIX   Volatility S&P 500 Index
Hi everyone:

VIX is showing good price action for another move to the upside.

We see price in the higher time frame in this channel structure, slowly bringing price down to a double bottoms.

Lower time frame also has a recent double bottoms, and price made a small bullish push up.

I like to see price continue upwards to break out of the channel structure, and form continuation correction.

This would give me the confluence that we are going up the the recent tops.

Wait for confirmation of the correction to enter.

Thank you

Comment: Still wating for a confirmation breakout.
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Comments

WHAT IS THE ENTRY POINT, I WOULD LIKE TO TO HAVE OPTION STRATGEY ON IT
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jojofang0901 aymanjanbi7
@aymanjanbi7, Hello, I am still waiting for confirmation on a breakout, follow by a correction so I can determine my entry and SL..etc. thank you
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