When trading Indexes, it is always good to have a look on the volatility index and with Ichimoku, it is clear that the upside movement is very near. The indicators such as STOCH or RSI show that we are either at oversold level like STOCH or about to reach it with RSI. The Kumo Cloud shows a clear future turn in the trend. It means that when VIX is up, indexes are down .Just as a reminder and an reference one has to look and keep in mind
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.