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Vixbot
Feb 8, 2024 3:22 AM

VIX (FEB) - about to go up !?? Long

CBOE VOLATILITY INDEX (VIX) FUTURES (FEB 2024)CBOE

Description

Trade for 8th Feb 2024

As now ES and NQ is on the high end, there is a expectation of a mini pull back at least for profit take.

Entry price reference: 13.40 or lower

UX1 Indicative range: Low - High 13.05 - 14

Stop loss: 13.2 30 mins post US open (tighter stop loss)

Profit take: 13.6 - 13.8 anytime thru out the day



Comment

on the day it did reach to 13.6 (13.65 high) and get out before it got re-compressed again. Tight intra-day trading.

for now until SPX Option expiry next Friday and CPI data on next Tues, sitting side line for the moment
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