The patterns suggested yesterday morning to go long the VIX index. (see post here) Rarely will I suggest to pick up the VIX/VXX, yet when certain patterns are present, it is worth holding your nose and jumping into the position. The “VIX INDEX“ has rallied over 18% in 2 days. Is that enough?
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Game Plan….Too much too fast? Harvesting half of the VIX/VXX position right now.