When the index reached 50, it always bottomed out and surged further every moment.
Note
It's related to volatility, but on the one hand, it can be thought of as a case of being excessively scared of something and panic selling.Note
When this reaches 50, invoking buy should be added to the AI program. The winning rate is 95%.Note
The 2008 financial crisis was the highest, followed by the COVID-19 pandemic in 2020 as an approximate figure. The figures have been quite high recently as well. 
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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.