🎯 HISTORICAL EDGE - VIX helping the BULLS 🐂
👋 Hey team!
Today we see that the VIX 🌊 made a dramatic reversal after closing more than 10% below its 10D MA 👇
Why is this special? Because a few days ago we were above it by more than 10% 👆
We reviewed when has this happened in the past (since 1993 to be exact)🧪.
⬇️ ⬇️ ⬇️ RESULTS ⬇️ ⬇️ ⬇️
This type of event has occurred 40x since 1993 and we see strong historical edge 8️⃣ days later with a batting average of 77.5% to the upside! 📈
We also see that 90% of these times we have closed above the closing price of SPX on the day it occurred (31JAN in our case) at some point next week!
Today we see that the VIX 🌊 made a dramatic reversal after closing more than 10% below its 10D MA 👇
Why is this special? Because a few days ago we were above it by more than 10% 👆
We reviewed when has this happened in the past (since 1993 to be exact)🧪.
⬇️ ⬇️ ⬇️ RESULTS ⬇️ ⬇️ ⬇️
This type of event has occurred 40x since 1993 and we see strong historical edge 8️⃣ days later with a batting average of 77.5% to the upside! 📈
We also see that 90% of these times we have closed above the closing price of SPX on the day it occurred (31JAN in our case) at some point next week!
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👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe
👉 I sell premium indicators here: tradingviewindicators.net
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