VIX Magic Bowls in Action

As you can see from the images below, all of the bowls are the same size with similar action from the support lines.

This time out the VIX has broken out of the fallen wedge and looks to have confirmed it by touching down.

These have been quite accurate so far and I believe that we'll reach 34 by next friday.

Sounds quite silly, but the bowls are all of the same size and have performed quite well over the last 5 of them and I'm in a long position to take advantage of them again.

Yorum:

You can see the last 4 bowls in action. There was a slight blip between bowl 2 & 3, but other than that, they have done pretty well.

İşlem aktif:

Slight exit out of the bowl but has quickly found it's way back in. Great place to enter if these bowls are truly magical

İşlem aktif:

The price remains within the cup and looks to be accumulating, perhaps the FOMC will be the catalyst for our target of 34.

İşlem kapandı: hedefe ulaştı:

Target reached! Right before BoE decision to buy long term bonds to keep the markets afloat.

Wouldn't be surprised to see many of the G7 to carry out similar fiscal policies which will see the market rebounding.

This of course will be short lived.