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VIX Descending Wedge = GG Market
Volatility S&P 500 Index
Long
VIX Descending Wedge = GG Market
By ImSooCool
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Updated
May 5, 2022
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May 3, 2022
VIX looking to moon right before FOMC. Careful if you are long!
Publishing idea to log my thoughts and that I will be taking UVXY Calls / SPY Puts based on this. This should hold me accountable!
May 5, 2022
Trade active
Idea was invalidated due to VIX falling out of the pattern. It looks more to be in a descending parallel channel now.
Chart Patterns
ImSooCool
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