In VIX we Trust

 

The VIX is currently over the upper bollinger band as 'fear' has risen in the market over the past two sessions. Every time this has occurred over the past few years, there has been a rally in the subsequent trading sessions. Not saying this rally happens now, tomorrow, or Monday. But conditions causing the VIX to cross over the upper bollinger band will resolve themselves, meaning the VIX is going to drop.

$VIX 2-21

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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