HOW TO SPOT major MARKET BOTTOMS with EXTREME FEAR revisted
Added SPY to see if VIX/CCI correlate to market bottom.
My understanding of the VIX is that it's fear. But Market bottoms occur when regular investors still have fear, but there are more buyers and the sellers are exhausted. Peaks in VIX signal more corrections than bottoms IMHO.
My understanding of the VIX is that it's fear. But Market bottoms occur when regular investors still have fear, but there are more buyers and the sellers are exhausted. Peaks in VIX signal more corrections than bottoms IMHO.
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