What a great time to go LONG on VIX with a triple Bottom in now. You have got to be joking right ? 10.74 currently ? In today, this week, this month, this years geo eco political climate. OMG.
Last 28 years we have hit the triple bottoms each time before the major blow ups.
GIven the risks in March 15th as discussed yesterday the current level may well be a superb entry point for Long VIX.
JFI
