One of the critical zone is 20-22. VIX below 20 has been bullish, VIX above 22 has been bearish more than 82% of time. According to my zone analysis, this is transition between zone 2 and 3.
Comment
⋅
Here is a Development stage Indicator for the Zone, Would eventually make this calculate automatically, on Monthly basis -
Comment
⋅
SKEW looks promising to upside -
Comment
⋅
Did a pretty good job with the SKEW estimation.
Still not in the threat zone for bulls......
Comments
UDAY_C_Santhakumar
⋅
For those, who wants to know my basis for the number 20.