I'm thinking to make a nice play on my upcoming correction belief.
Only option I have with my broker is VILX, so started looking into it's history.
Only makes big money with big crashes / corrections, and I think we have two on the way.
Data was so small for the main chart, but looking at the RSI here, some very interested volatility wave patterns.
I'm always interested to see if there is fib correlations in dates and movements, and this one took some old school math to show.
Very interesting!
Soon be time to make a play on this, wish me luck ;)
FibonacciTechnical IndicatorsVILXVIX CBOE Volatility Indexvixderivativesvixforecastvixfuturesvixindex

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