Get started
gb50k

SPY to rally based on VIX/SPY

Long
VIX/SPY  
gb50k  
VIX/SPY  
SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) VIX CBOE Volatility Index ratio ratios crash rally
7
0
spy spx spx500 vix ratio ratios crash rally
The ratio VIX/SPY goes down when SPX 0.05% goes up. This makes it easier to see the ratios lower limit (and SPX's upper limit)

Today VIX/SPY broke a support.
SPX has not yet mimicked this move

If VIX/SPY returns to baseline (as it has before) it implies a move of SPX500 to ~2183.
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.