The VIX is the volatility index of the SP500. Generally, it trends up during bearish times and trends down during bullish ones.
In the past, the VIX has always spiked up during a market bottom. Looking at the chart, we can see that the VIX has not spiked up yet and formed a bottom like it has done in the past.
We only have ~30 years of VIX data, but it has still signaled the bottom of every bear market (-20% decline or more) during that time.
Assuming that the VIX is correct, there's still a chance that the market hasn't bottomed yet and that the "real" crash is yet to come.
What do you think? Is the bottom in? Crash incoming? Share your thoughts🙏
In the past, the VIX has always spiked up during a market bottom. Looking at the chart, we can see that the VIX has not spiked up yet and formed a bottom like it has done in the past.
We only have ~30 years of VIX data, but it has still signaled the bottom of every bear market (-20% decline or more) during that time.
Assuming that the VIX is correct, there's still a chance that the market hasn't bottomed yet and that the "real" crash is yet to come.
What do you think? Is the bottom in? Crash incoming? Share your thoughts🙏
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