There you have it, I guess I need not say a whole lot as the VIX has crashed and the SPY has soared. A picture is worth one thousand words in this case. Buyer beware as every time the VIX gets to these levels, the SPY goes back down. In addition mucho resistance up above the 130 level.
1 Comments:
Have you found using the VIX as a market reversal predictor works that well?
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