I'm not a lover of the classic indicators, I prefer to look at the price and follow the swing. On the contrary, the VIX as well as the COT, can be an interesting indicator. If we look at the graph, we can see that after each double bottom, the price has rebounded. The "DB" have never gone to the target, but at least a rebound occurred.
This week will be very interesting to monitor the VIX, largely tied to the SP500, it is possible that we are at the beginning of a good vix bounce and a good pullback on sp.
In the first half of the week would not surprise me to see a consolidation and then resume the "leg bullish."
"Signal Suisse"
This week will be very interesting to monitor the VIX, largely tied to the SP500, it is possible that we are at the beginning of a good vix bounce and a good pullback on sp.
In the first half of the week would not surprise me to see a consolidation and then resume the "leg bullish."
"Signal Suisse"
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