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VIX SPIKE! Look at All Risk Indicators to Get the Full Picture!
@TechnicalHunter：
According to the $Cboe Volatility Index(VIX)$ , the worst market events of our lives were the 2008 financial crisis, COVID, and the Bank of Japan raising interest rates by a quarter percentage point. The $VIX spiked above 65 this week.This spike indicates market fear and uncertainty. However, it quickly settled back below 40. Look at all risk indicators to get the full picture! After $Cboe Volatility Index(VIX)$ spike to 45+, then crosses below 30 like yesterday, has always proven a buying opportunity since 1990. Can there be more downside before the uptrend is renewed; yes! Nonetheless, you've ALWAYS been rewarded for buying this signal $S&P 500(.SPX)$ $Cboe Volatility Index(VIX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY)$ Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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