realcryptopeek

S&P Daily - Red today, but should you enter now?

TVC:SPX   S&P 500 Index
- Death cross indicates a trend reversal
- Once price trades below baseline, this indicates a downtrend
- Game plan - buy at the bottom! Use VIX to determine if we reached bottom
VIX is currently above 30, a bottom will be found when vix reverses trend, and confirmed with two daily closes in downtrend.
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.