AI
Thursday, September 13, 2018 10:54:11 AM
I thought I would share something else with you.
I follow the VIX as a 'wild card' play. If it drops to near or below its past 6 month low, I start watching closely. It appears to be approaching one of those points now. I use Bollinger Bands to help me visualize the volatility. When price drops below the lower band, it is a potential buy signal. I have watched this for a while, and jumped in only once (last year). When I did, I made ~20% in less than 30 days. If bought right, the potential for much more is there.
I follow the VIX as a 'wild card' play. If it drops to near or below its past 6 month low, I start watching closely. It appears to be approaching one of those points now. I use Bollinger Bands to help me visualize the volatility. When price drops below the lower band, it is a potential buy signal. I have watched this for a while, and jumped in only once (last year). When I did, I made ~20% in less than 30 days. If bought right, the potential for much more is there.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
