I'm not a lover of the classic indicators, I prefer to look at the price and follow the swing. On the contrary, the VIX
as well as the COT
, can be an interesting indicator. If we look at the graph, we can see that after each double bottom
, the price has rebounded. The "DB"
have never gone to the target, but at least a rebound occurred.
This week will be very interesting to monitor the VIX
, largely tied to the SP500
, it is possible that we are at the beginning of a good vix
bounce and a good pullback on sp
In the first half of the week would not surprise me to see a consolidation and then resume the "leg bullish ."