Classic Double Top on VIX

[marketsurfer]

time to short VIX futures, gentlemen.

any thoughts?

surf

 

[Aaron Copland]

Yes wait for a break of 50 to confirm your double top theory.

 

[Random.Capital]

The "classic" double top is for assets that can actually be traded. VIX-the-index has no direct tradable equivalent.

That said, the current level of volatility is not maintainable and will collapse soon enough. Until next time...

 

[plumber68]

Hi, good call on the short, could you explain, if/when you have time about "vix" and how you use it.
Thank you.

 

[circadian]

Quote from Random.Capital:

The "classic" double top is for assets that can actually be traded. VIX-the-index has no direct tradable equivalent.

That said, the current level of volatility is not maintainable and will collapse soon enough. Until next time...

VIX futures.

 

[operator]

Quote from circadian:

VIX futures.

Also VIX options.