Short term bottoming indicator fired today.
VIX9D / VIX ratio
When the 9 day VIX to spot VIX ratio is greater than or equal to 1.05, it typically suggests very immediate term fear/hedging has peaked.
For the past several months this has been a great short term buying indicator, but maybe this time is different.
VIX9D / VIX ratio
When the 9 day VIX to spot VIX ratio is greater than or equal to 1.05, it typically suggests very immediate term fear/hedging has peaked.
For the past several months this has been a great short term buying indicator, but maybe this time is different.
