The patterns suggested yesterday morning to go long the VIX index.  (see post here)  Rarely will I suggest to pick up the VIX/VXX, yet when certain patterns are present, it is worth holding your nose and jumping into the position.  The “VIX INDEX“ has rallied over 18% in 2 days. Is that enough?

 

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Game Plan….Too much too fast?  Harvesting half of the VIX/VXX position right now.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past