Hello traders!
For those that like stocks this should peek or be interesting to you.
As we know the VIX index and S&P 500 are inversely correlated.
VIX UP means S&P 500 DOWN
VIX DOWN means S&P 500 UP
Look like the S&P 500 has created a market shift. Meaning a swing low on the daily or even weekly has been broken.
The Vix in opposite looks ready to swing higher and it is creating a swing low after breaking a swing high.
Stock may be under pressure to fall.
For those that like stocks this should peek or be interesting to you.
As we know the VIX index and S&P 500 are inversely correlated.
VIX UP means S&P 500 DOWN
VIX DOWN means S&P 500 UP
Look like the S&P 500 has created a market shift. Meaning a swing low on the daily or even weekly has been broken.
The Vix in opposite looks ready to swing higher and it is creating a swing low after breaking a swing high.
Stock may be under pressure to fall.
