I wasn't planning on trading real money today, but the charts looked too good, I just had to try one.. glad I did! That makes 3 wins in a row since VIX has come back to good trading levels. Today it's up over 18, which is GREAT. (but u can stop at 20 maybe?) 😁

Here's what I saw on the charts this morning..

Da Bears!

as I zoomed into the 15-minute, I saw the bears were resting a bit now, but it looked like the trend should continue.

I saw that price had fallen since yesterday. I guess the consumer confidence is pretty bad.. oh well.. let the bears play..

I would enter DOWN, as soon as I saw price moving that way again.

I zoomed in one more time to get a good look at the price action..

I saw that the average was sloping down, and the moving averages were crossing DOWN.

I got in shortly after I saw price steadily moving down..

I'm still a little gun shy after many losses during low VIX, so I went with a safe(ish) option at delta 10..

By 8:29am, the trade was looking good and on its way to profit..

and here's the close..

I had entered my target at .50 , as I always did in the past, but then I remembered that I am gonna try to go for just .35.. that seems to be the overall winningest target amount.

*price seemed stuck right at my target level, then it started going UP.. oh! well, good thing I had just closed it manually.. :)