Quick trade before going into new years
VIX seems to be falling as the SPX continues to rise. We are expecting price on the SPX to rise to around the 2600 price point before sellers take over.
This will confluence with the VIX buy zone as indicated on the graph.
This point coincides perfectly with the 50 Ex MA , 50% Fibonacci retracement and strong structure zone.
Keep your eyes here as there is high possibility that price reverses here
If you like the ideas you can
Get harmonic trading cheat sheet here
patreon.com/indigotradinggroup
Enjoy the New Year
VIX seems to be falling as the SPX continues to rise. We are expecting price on the SPX to rise to around the 2600 price point before sellers take over.
This will confluence with the VIX buy zone as indicated on the graph.
This point coincides perfectly with the 50 Ex MA , 50% Fibonacci retracement and strong structure zone.
Keep your eyes here as there is high possibility that price reverses here
If you like the ideas you can
Get harmonic trading cheat sheet here
patreon.com/indigotradinggroup
Enjoy the New Year