Hello Traders!
The volatility of the sp500 and the price of the sp500 is in a very strong negative correlation, in the past 90+% of the time when the s&p made a new low and vix didn't made a new high that was the bottom and vice versa for the top. We also reached a key fib level. If we see more confirmation I'm confident taking risk off positions from this point.
Have a great day!
Vitez
The volatility of the sp500 and the price of the sp500 is in a very strong negative correlation, in the past 90+% of the time when the s&p made a new low and vix didn't made a new high that was the bottom and vice versa for the top. We also reached a key fib level. If we see more confirmation I'm confident taking risk off positions from this point.
Have a great day!
Vitez
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.