S&P 500指數

Key level and correlation divergence for the #SPX

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Hello Traders!

The volatility of the sp500 and the price of the sp500 is in a very strong negative correlation, in the past 90+% of the time when the s&p made a new low and vix didn't made a new high that was the bottom and vice versa for the top. We also reached a key fib level. If we see more confirmation I'm confident taking risk off positions from this point.

Have a great day!
Vitez

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