S&P 500 IndexShort
SPX Flashing Sell
- Yellow line is the VWAP from Jan 2022, last times we tested it the market sold.
- White line is the 200 period SMA, last times we tested it the market sold.
- Orange dashes is a simple regression channel, last time we tested it the market sold.
- Red/green areas show over sold conditions from the Vix ratio and MMTW.
- Vix ratio is (VIX9D/VIX1Y) it shows short term IV build up.
- MMTW is S&P stocks trading above their 50 period SMA.
- Market is currently testing the 50% fib from the ATH and .618 fib from the recent high.
- Purple arches show quarterly cycle, we are near the short-covering apex.
All in all, Sell it. See you all in hell :heart:
- White line is the 200 period SMA, last times we tested it the market sold.
- Orange dashes is a simple regression channel, last time we tested it the market sold.
- Red/green areas show over sold conditions from the Vix ratio and MMTW.
- Vix ratio is (VIX9D/VIX1Y) it shows short term IV build up.
- MMTW is S&P stocks trading above their 50 period SMA.
- Market is currently testing the 50% fib from the ATH and .618 fib from the recent high.
- Purple arches show quarterly cycle, we are near the short-covering apex.
All in all, Sell it. See you all in hell :heart:
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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.