VIX (MARCH) --> In defense mode now?

Trade for 4th March (Mon) - 5th March (Tue)
With such a hot market in place (still very strong momentum), even though spot vs UX1 has built a big gap on friday and in long run there is no sign of "fear" yet. However the contradict move for UX1 March on Friday indicate a long VIX model signal.

Entry price reference: 14.05 or lower

UX1 Indicative range: Low - High 13.8 - 14.5 (spread 0.95 - 1.01)

Stop loss: 13.8 (30 mins post US open, basically to avoid a big compression)

Profit take: 14.35 (or let it run if VIX surged)

Comment:

As signal expected, UX1 rise on the run (i.e. as mentioned let it run...), high was around low 15 handle, EOD 14.7. 14.8-15 holved around for sometime, so PL is around 75-95bps (i.e. 750-950USD per contract)

Stop loss 13.8 was not hit