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SPX AND VIX LOOKING FOR THE BOTTOM THIS MONTH TO 6 MONTHS OUT.

Volatility S&P 500 Index (CBOE:VIX)  
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CBOE:VIX   Volatility S&P 500 Index
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
EXCEPT FOR 2008 ALL OTHER MAJOR BOTTOM SIGNALED WHEN VIX HIT THE RED BOX. ONCE THE VIX HIT THIS AREA SPX BOTTOMED THAT MONTH OR MAX 6 MONTHS OUT. THEN SPX BOTTOM WAS ALWAYS SLIGHTLY LOWER THAN THE VALUE OF THE SPX ON THE VIX TOP BY ABOUT 1.5 TO 3.7% (ABOUT 2818 TO 2753) , THE OUTLIER WAS 2008 WITH 21% LOWER WHICH IS ABOUT 2237 LEVEL.
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