Volatility S&P 500 Index
Long
Updated

vix daily re-accumulation before 150% gains

836
🔸Hello guys, today let's review daily chart for VIX . Entering re-accumulation stage now,
expecting range bound trading during summer time season. Pretty wide range as well,
lows near 13 and highs set at 20.

🔸Similar fractal observed during summer season in 2021. Faded into range after heavy spike,
re-accumulation then 150% pump later during autumn 2021.

🔸Recommended strategy bulls: accumulate / buy VIX LEAP calls near range lows, once we
hit closer to 13, this is the perfect entry spot to profit from a new spike, which should come
during autumn season in 2023. Probably multiple buying opportunities near range lows
June through August 2023. good luck traders!

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Note
range bound for a while

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