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JPMorgan VIX Buy Signal

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JPMorgan Chase & Co. strategists have identified what they say is a near bulletproof indicator to strengthen their argument that stock markets are poised to rally.

The buy signal is triggered when the Cboe Volatility Index (VIX) rises by more than 50% of its 1-month (30 day) moving average, which it last did on January 25th 2022, according to the strategists led by Mislav Matejka. The indicator has proven 100% accurate outside of recessions over the last three decades.

Instructions:
Symbol - VIX
Timeframe - Daily
Red Triangle - Close / 30 Day SMA >= 1.5

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