Pashabxl
Short

DOWI-VIX correlation show that the market is too BULL?

INDEX:VIX   CBOE Volatility Index
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When we do add DOWI             and VIX             charts one on the other, we can clearly see the correlation between the two indexes.
When the market is too BULL , VIX             is at a very low level. VIX             level is too low, and shows an overconfidence of the market. Immediatly a correction, that can be severe in deed is following. Putting a side the technical indicators, we may be able to anticipate a correction. Of course this chart doesn't show the level of correction, but at least, an idea of the timing of it and the short term trend
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