On 11/25/16 the SPX made a new closing high.
The VIX failed to go below the low it has made in the last three trading days.
This is a signal the SPX is nearing a top.
There's additional evidence of stocks topping which I'll detail in later posts.
Mark
The VIX failed to go below the low it has made in the last three trading days.
This is a signal the SPX is nearing a top.
There's additional evidence of stocks topping which I'll detail in later posts.
Mark