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VIX Signals SPX Bottom

CBOE:VIX   Volatility S&P 500 Index
The daily VIX on 2/24/20 had what could its largest gap up in history.
The VIX was completely outside the upper Bollinger Band with the VIX RSI at the same levels reached at the December 2018 and August 2019 bottoms.
High probability the SPX bottom could be in place.

Mark

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