All weekly upside targets have already been achieved. Consequently, I will adopt a defensive approach and closely monitor the behavior around the 4825 level.
In addition to monitoring intraday VIX levels, keep an eye on 11.74 for the rest of the week. A VIX below 11.74 and ES above 4825 has potential for further strength.
I don't know whether it will break or not. That's not really important for me. The main thing is if ES is above 4825 and VIX below 11.74, I will be cautious trying to fade a potential upside continuation. It's worth noting that 11.74 is a level that I monitor for this week only.
In addition to monitoring intraday VIX levels, keep an eye on 11.74 for the rest of the week. A VIX below 11.74 and ES above 4825 has potential for further strength.
I don't know whether it will break or not. That's not really important for me. The main thing is if ES is above 4825 and VIX below 11.74, I will be cautious trying to fade a potential upside continuation. It's worth noting that 11.74 is a level that I monitor for this week only.
Thank you, buddy! Your DEC levels made today another successful trading day for me.
Thank you! The weekly plan has played out nicely!
VVIX worth monitoring here in addition to the VIX levels you suggest?
I'm not actively keeping an eye on VVIX.