magnans

Find SPX bottom with the VIX (2011 comparison)

CBOE:VIX   Volatility S&P 500 Index
This chart has been inspired by Tony Dwyer idea that there should be a retest of the 40 levels on VIX by the end of September/October.

In 2011, we were more or less in the same situation, we saw VIX climbing above 40 a first time and then a second time later.

This hypothesis suggest market is still not ready to be 100% bullish before testing again the lows of August.
So I would wait to see a retest before taking new long positions on Equity market.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.