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MarlosClock
Mar 24, 2022 7:27 AM

VIX vs TLT/LQD suggests bear is near. Back away slowly!  

TLT/LQDNASDAQ

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VIX has been spiking with TLT/LQD, but the last few times just seemed to help turn it around. Looks similar to the new year, in orange. Volatility has been exploding, per usual. Every 2 years since 2008, Vix has made a new support 3pts higher, shown in solid white. I just read an analyst saying 18 is likely the bottom for some time. TLT/LQD has also been on a years long up trend as well, at a similar pace. So I'm inclined to belief this is a good spot to watch for a long scalp VIX entry, and shorts on the indices.

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weekly chart

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closer view of daily
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