S&P500 and market insight [8FEB2022]
There we go, VIX and VVIX went green in our model. With VIX low end at 20, and other catalysts are confirming to the idea of S&P500 being overbought here. It is in a bearish trend nonetheless, but is it too early to short?
Selling the top is same as buying the dips, but shorting is more complex for my feeble brain to understand completely in risk perspective.
Anyways, many indices are bearish which includes DAX, Nasdaq100 etc. and Russel2000 is humbly showing the impending "crash".
I will not be buying S&P500 here, but I might short it incrementally starting when VIX hits 21.
Let's see if this works out
Goodluck out there
Redd
Selling the top is same as buying the dips, but shorting is more complex for my feeble brain to understand completely in risk perspective.
Anyways, many indices are bearish which includes DAX, Nasdaq100 etc. and Russel2000 is humbly showing the impending "crash".
I will not be buying S&P500 here, but I might short it incrementally starting when VIX hits 21.
Let's see if this works out
Goodluck out there
Redd
Related publications
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.