Three signals have been hit:
1. The equity put call ratio has reached a value of 0.94 this week, further indicating a potential bottom in sentiment.
2. The Vix has spiked above 30 and is beginning to stabilize below 25.
3. The front month and three month Vix futures backwardation has stabilized.
This Friday,
VOO recorded a 2% gain. Therefore a long can be taken on Monday close with a stop loss placed below the Friday low.
1. The equity put call ratio has reached a value of 0.94 this week, further indicating a potential bottom in sentiment.
2. The Vix has spiked above 30 and is beginning to stabilize below 25.
3. The front month and three month Vix futures backwardation has stabilized.
This Friday,
VOO recorded a 2% gain. Therefore a long can be taken on Monday close with a stop loss placed below the Friday low. 
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.
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.