🚨 Local bottom indicator fired again!
Last time the indicator was this high was June 9th and markets rallied to new ATHs.
$VIX9D / $VIX ratio represents extreme short term fear levels in the market and given the moves in equities today, we are getting close to a bottom.
Last time the indicator was this high was June 9th and markets rallied to new ATHs.
$VIX9D / $VIX ratio represents extreme short term fear levels in the market and given the moves in equities today, we are getting close to a bottom.
