I think I have cracked the code for the action on the VIX!
This idea illustrates a repetitive pattern which occurs during recession/bear markets. First sign is the VIX keeps basing higher and higher then you get a well defined resistance line going back to the base line BEFORE the crash which coincides with the end of the bear market. Then you get multiple retracements on the VIX which are all shorting opportunities!!
I hope you benefit from this idea!
Peace
I hope you benefit from this idea!
Peace
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