Markets-Sniper

Markets-Sniper Updated 

As we know the VIX is a volatility measure generated by options data. However its a great inverse indicator to equities in genmeral. As we know, the VIX goes up (more volitility) the SPX generally goes dow. Vice Versa Also. Im publishing this as the VIX has been in a descending wedge pattern for a long time. I estimate a week at most before the pattern its in pop...

Markets-Sniper

The Blow off top ,may be exhausting, then return to the Bear wedge? I think so. It may take through the year, but PEs are just too high still. Too much headline risk also.