VIX - Price Objective Traded for Micros / LONG Approaching
Price remains in a well controlled descent, although Price has completed
a Target for retracement.
Retracements have been minor measure moves, 6 failures at each RT.
CASH / SPOT VIX has a Daily GAP at 14.80, lower Range is 14.20.
The parabolic move off the lows could see 150-200% gains in very short
order.
We patiently wait for fills at targets with No Positions.
A reversal is setting up for an extreme move on the Daily/Weekly TF.
a Target for retracement.
Retracements have been minor measure moves, 6 failures at each RT.
CASH / SPOT VIX has a Daily GAP at 14.80, lower Range is 14.20.
The parabolic move off the lows could see 150-200% gains in very short
order.
We patiently wait for fills at targets with No Positions.
A reversal is setting up for an extreme move on the Daily/Weekly TF.