S&P Daily - Red today, but should you enter now?
- Death cross indicates a trend reversal
- Once price trades below baseline, this indicates a downtrend
- Game plan - buy at the bottom! Use VIX to determine if we reached bottom
VIX is currently above 30, a bottom will be found when vix reverses trend, and confirmed with two daily closes in downtrend.
- Once price trades below baseline, this indicates a downtrend
- Game plan - buy at the bottom! Use VIX to determine if we reached bottom
VIX is currently above 30, a bottom will be found when vix reverses trend, and confirmed with two daily closes in downtrend.
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