VIX on watch for double bottom @ 37 within falling wedge
Atualizado
Watching to see if VIX holds a double bottom. Wedges very often end on double bottoms or double tops (as per a riding wedge).
Only using this as a tool to calculate general market sentiment, no positioning for me directly within volatility products currently.
Thank you.
Only using this as a tool to calculate general market sentiment, no positioning for me directly within volatility products currently.
Thank you.
Nota
Not using this as a "told you" just as an example of how these often work. 
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Side note - I was trading when this weird fake VIX candle happened. Not sure if its dark pool or what, but funny it has been a bit of a magnet. Nota
Hope you all caught some nice market fade action . VIX worked out well : Closed most of my put spreads today - QQQ, SPY , MSFT, FB
Either look for a LH to re establish or might just daytrade futures for downside.
Thanks!
Masta
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