CBOE Volatility Index has been used by investors for decades to identify macro market transitions.
This is 1 Year analysis of
VIX in conjunctions with market developments.
1. 28th Sep '22 is the dateVIX signalled oversold conditions on #SP500 where price double-bottomed and commenced this bullish wave we are living through
2. 9th of March '23VIX signalled heavy market oversold conditions and #SP500 completed the first significant correction
3. 20th Oct '23VIX signalled another #SP500 oversold condition triggering another continuation
At this stage is important to consider a important market rule "The Power of 3"; -VIX has topped 3 times now suggesting this intermediate bullish wave is coming to an end.
Now turn your attention to 22nd Jan '22 whereVIX for a fist time dropped back to COVID-lows.
It had since repeatedly touched and rejected of these levels suggesting of bottom formation.
At the same timeVIX signalled first significant market overbought condition very close to what it seems the bottom and shortly after forming 3rd oversold peak.
Traditionally
BTC had front-run #SP500 and would expect crypto market to take downard turn before traditional markets which can serve as a final confirmation of an upcoming winter.
This is 1 Year analysis of
VIX in conjunctions with market developments.1. 28th Sep '22 is the date
VIX signalled oversold conditions on #SP500 where price double-bottomed and commenced this bullish wave we are living through2. 9th of March '23
VIX signalled heavy market oversold conditions and #SP500 completed the first significant correction3. 20th Oct '23
VIX signalled another #SP500 oversold condition triggering another continuationAt this stage is important to consider a important market rule "The Power of 3"; -
VIX has topped 3 times now suggesting this intermediate bullish wave is coming to an end.Now turn your attention to 22nd Jan '22 where
VIX for a fist time dropped back to COVID-lows.It had since repeatedly touched and rejected of these levels suggesting of bottom formation.
At the same time
VIX signalled first significant market overbought condition very close to what it seems the bottom and shortly after forming 3rd oversold peak.Traditionally
BTC had front-run #SP500 and would expect crypto market to take downard turn before traditional markets which can serve as a final confirmation of an upcoming winter. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.