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S&P500 vs VIX vs Copper/Gold Ratio. The rally continues.
Volatility S&P 500 Index
S&P500 vs VIX vs Copper/Gold Ratio. The rally continues.
By TheCryptagon
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Nov 5, 2024
4
Nov 5, 2024
On this chart you can see the Volatility Index against the S&P500 and the Copper/Gold ratio.
We bring this chart to you in order to show you why we think the long term trend on the stock market will be bullish for 2025.
As you can see, VIX had an odd spike in August, when the stock market corrected to some degree.
Since the 2008 crisis, we have had similar spikes on VIX only another two times March 2020 (COVID) and September 2011.
Alls those times, the Copper/Gold ratio bottomed after a long term decline and started to rise.
This rise started also a rally on the S&P500.
Since the market was unphazed in August, we have strong reason to believe that it will extend its gains in 2025 too.
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Chart Patterns
Copper
coppergoldratio
Gold
Technical Indicators
SPX (S&P 500 Index)
Trend Analysis
VIX CBOE Volatility Index
TheCryptagon
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