VIX has broken above the down sloping parallel channel, but has not yet generated a Buy Signal in it Daily Trend Model. That makes this an aggressive trade, but with the reward well worth an early entry. VIX Intermediate Term Trend Model Buy Oct 18th VIX $18C - no stop (bet lightly until confirmed with Up arrow) In addition to this PRO Service trade, we will also be adding VIX calls in the Premium Service, maybe going out to Nov 15th expiration and a little further out of the money. Based on where we are in the stock market third waves patterns, seasonal cycle and index trend models, taking at least one of these VIX trades is recommended. This interest rate chart below is all the more reason to do so: Trouble for the stock market.
