Trev in my opinion trading from the VIX is quite unreliable, however it is another signal to add to the list.
When the market is going to sell off and how far i don't know.
When the volatility starts to set in we will know when he top could be near.
i am still learning towards some kind of 'blowoff' but i dont think this is it.
we look exhaustive now but a top around here would be too easy imo, so a big fakeout an i recon there could be higher highs still to come but your guess is as good as mine.
Indicies are boring at the moment for my style of trading. bad risk/reward is keeping me out.
Much better moves happening in forex.
Anyways this what my charts look like at the moment:
Trend is still up so theres no use in fighting it. I'm just being patient for this one and waiting for a confirmation before jumping in.
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