S&P chart against VIX on the monthly time frame.
Comparing the longer term trends, when the VIX cycles up and down we get rally's and corrections, but if theres a sustained VIX trend change, it could indicate overall market direction change.
IMPORTANT
-Normally indicated by higher highs/lows and lower highs/lows on VIX channel.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
Comparing the longer term trends, when the VIX cycles up and down we get rally's and corrections, but if theres a sustained VIX trend change, it could indicate overall market direction change.
IMPORTANT
-Normally indicated by higher highs/lows and lower highs/lows on VIX channel.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.