movingindicators

SPX - Was the Selloff foreseeable?

SP:SPX   S&P 500 Index
Regardless of the Fed's rate decision and the unforeseeable progress of the current trade negotiations between the US and China, we assume that from a technical point of view, the current selloff was foreseeable due to the previously low VIX level and the current uptrend we've seen in the SPX.

What's your point of view?
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.