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VIX near signaling a correction
Volatility S&P 500 Index
Short
VIX near signaling a correction
By dpuleo19
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Dec 13, 2023
5
Dec 13, 2023
Low volatility is good for the market, but extreme low volatility is not
As you can see, a lot of times where the
VIX
crossed 12 from below it signaled a correction within a bull market
And is not just the VIX, there are other breath indicators that are converging at levels that usually signal correction
I normally track the % of SPX stocks above their 50-day and 200-day MAs, NYSE New Highs/Lows and NYSE New 52-week Highs/Lows
My target would be 4.300 in the
SPX
breath
correction
Technical Indicators
pullback
SPX (S&P 500 Index)
Trend Analysis
VIX CBOE Volatility Index
dpuleo19
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Is the correction over?
by dpuleo19
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