As discussed in recent publication, rebound in SP500 should be sold. The ideal level, if ever reached, is around 2813 pts. VIX is a tool that one should use to time the market as well. A new range has been established, 17 - 26. As the vix approaches 17, one should prepare to go short stocks again.
Kommentera:
VIX shily entered the SELL STOCK zone. We want to see 17.
Kommentera:
VIX momentarily got below 17 the same time stock touched 2813 (target). SHort stock