VX Bull Flag
We have another bull flag on VX forming over a couple of days. VX just had a similar bull flag breakout last Thursday, but it failed on Friday. We'll see if it can breakout again and sustain this time. Looking pretty scary for bulls right now with NQ and Semis breaching critical support while VX is showing life again. Bulls have managed to push value higher after every dip this year so far, we'll see if they can do it again.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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