VIX looking attractive for a buy Long

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VIX is tricky to play, if you belive that more turmoil is coming next 6months.
This might be setting up for a good entry.

I would try to get a nice setup only if it hits my target of around 18, then we must identify a good
entry.

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snapshot
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Patience is the key, its approching our level of 18 for considering a buy. We always wait for the price to come to us, not other way around.

The cycles look intresting and the RSI is showing divergence in the weekly and osclators are depressed. Its important not to take position to early, a falling knife is a falling knife, we want it to hit the ground and not get caught flying down.

Be patient. This lines up well with the dollar cycles that are close to lows.
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Price hit our target of 18 and must now be monitered closely. We want to see the dollar show strenght again combined with a low price in VIX.

Be patient, VIX is volitaile, even if we miss the entry.
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Its still a little early for the VIX based on my cycles. I am looking at this to also confirm the next decline in stocks and rise of Dollar.

Be patient.
Chart PatternsFundamental AnalysisTechnical IndicatorsVIX CBOE Volatility Index

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