The VIX Bottomed on 8/23/18 at 11.65
with the S+P Low that day at 2854.03
Now think of this for a moment
As the S+P was RISING an ADDITIONAL 60 + Points to the All Time High of 2916.50 on 8/29,
The VIX Instead of Falling , was beginning to rise, and continues to rise thru 9/7/18
poised for what is now a potential major breakout to the upside,
which would be additional evidence of a major stock market decline.
For the past 3 weeks, the VIX has shown a MAJOR DIVERGENCE
and with it a clear advance warning that the All Time High in the S+P above 2900
was going to be a potential/ and now confirmed, "Bull Trap"
Lesson to be learned. You must watch the VIX, if you trade the S+P.
More often than not, it will give you a clear advance clue/signal, about what the S+P will do next.
THE_UNWIND
with the S+P Low that day at 2854.03
Now think of this for a moment
As the S+P was RISING an ADDITIONAL 60 + Points to the All Time High of 2916.50 on 8/29,
The VIX Instead of Falling , was beginning to rise, and continues to rise thru 9/7/18
poised for what is now a potential major breakout to the upside,
which would be additional evidence of a major stock market decline.
For the past 3 weeks, the VIX has shown a MAJOR DIVERGENCE
and with it a clear advance warning that the All Time High in the S+P above 2900
was going to be a potential/ and now confirmed, "Bull Trap"
Lesson to be learned. You must watch the VIX, if you trade the S+P.
More often than not, it will give you a clear advance clue/signal, about what the S+P will do next.
THE_UNWIND