OANDA:SPX500USD   S&P 500 Index
Each of the last three times VIX was around current low levels, it signaled the start of the bear phase.

Will it be the same this time?

Trade safe
Comment:
In June 2008 MA50 Monthly did not hold the index.
If it breaks down this time, it will take another 6 months for SP500 to slide down, to extend to the 2008-2009 scale.

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