About VIX & Index ETF Trading Service

VIX & Index ETF Trading is a premium add-on for members of our Avi’s Market Alerts flagship service that features trade set-ups in ETFs and options related to the VIX and equity indices, including the VXX, QQQ and IWM. The service, hosted by Mike Golembesky, also features chart analysis and counts updated throughout the day, and Mike's Live Video on Mondays after the close, in which he presents his charts and answers member questions.

About Mike Golembesky

Mike Golembesky

Michael Golembesky covers US Indices, the US Dollar, and the VIX, contributing frequently to Avi's Market Alerts service service while also hosting his own VIX Trading service. He began his trading journey as a SOES trader in the late 90's. In 2005 he began trading the Forex markets at which time he was first introduced to Elliott Wave analysis. In 2012 he joined EWT where he further honed his knowledge of Elliott Wave analysis and Fibonacci Pinball. Michael also has an extensive background in real estate investing and finance, having spent close to 10 years working in this field.



Recent Articles

VIX Service 1-2 Setup

We have a setup in place for long IWM with stops under the 207.96 low. This setup initially targets over the 3/15 high at 235.47 but has the potential to turn into something more with the potential to see an ultimate move towards the 240-250 zone. In either case the R:R is good using the 207.96 low as a stop.
by Mike Golembesky - 2 months ago

Understanding VXX and VIX Futs

Folks seeing a lot of questions about why the VXX is not moving. I discussed much of this in the Monday video but I am going to try to quickly go over this here in very simple terms. The VXX is composed of the 2 closest month VIX Futures contracts. Currently, it is made up of almost all October (96%). So for the next few days whatever happens with the Oct contract the VXX will follow. October contract (and VXX) are freely traded by VIX futures traders.
by Mike Golembesky - 8 months ago

Topping Action In VXX

After a sharp move up yesterday beyond our 27.17 target area, the VXX saw a retrace of just about 50% of that move into the close.
by Mike Golembesky - 9 months ago

Market Analysis for Jun 10th, 2020

VXX - Even though I can't say that I am heavily favoring the green count we do have a setup and the R:R on call options for next week and even lottos this week is good here give the setup that we have. Straight shares could also be bought here with stops under the 28.79 low looking for near term targets in the 34.93-36.20 zone. I think we should have an answer one way or the other soon on this. If we do break the lows then I will look for another long setup once we have another bottoming signal as again bigger picture I do think we are close if we have not already bottomed.
by Mike Golembesky - 1 year ago

Webinars

How To Find VIX & Other Index ETF Set-Ups Using EW Analysis - March 30, 2021

Mike discusses his strategies for identifying trading opportunities in the VXX, IWM & QQQ in this 40-minute presentation.

VIX Trading Opportunities - Jul 14, 2017

In this Webinar, Mike covers the basics about the VIX and how to trade it, as well as how to apply Elliott Wave analysis to this area of the market.