SPDR S&P 500 ETF TRUST

SPY VIX patterns

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I have over laid SPY and VIX on the 1 day chart. When we see a spike in Vix the market becomes destructive. While VIX continues to settle back down the market becomes constructive. Once that downward trend is broken on VIX we start accumulation in a sense until VIX starts to rise again then distribution starts.(SPY goes down). Basically Rising VIX = Falling SPY and it goes for both ways.

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