Today's session gapped higher, forming a triple distribution profile with three sets of single prints, and printed a new ATH following the break of the monthly balance high.
I entered a long on the pullback to VWAP, took some profits at 5307 and held onto a runner hoping that VIX would collapse :D It turned out to be a homerun! Thanks for all you do!
Well done! Typically, a VIX at support and ES at resistance can provide good short setups. However, given today's context—with the gap holding and both the opening level and overnight high being reclaimed—it was not optimal.
I entered a long on the pullback to VWAP, took some profits at 5307 and held onto a runner hoping that VIX would collapse :D It turned out to be a homerun! Thanks for all you do!
Well done! Typically, a VIX at support and ES at resistance can provide good short setups. However, given today's context—with the gap holding and both the opening level and overnight high being reclaimed—it was not optimal.
Agree! Shorts got smashed!