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Smashelito's avatar

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.

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Jan 11, 2024
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Smashelito's avatar

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.

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Milli's avatar

Thank you, buddy! Your DEC levels made today another successful trading day for me.

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Frankytrade's avatar

Thank you! The weekly plan has played out nicely!

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M N's avatar

VVIX worth monitoring here in addition to the VIX levels you suggest?

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Smashelito's avatar

I'm not actively keeping an eye on VVIX.

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