Revisiting the $VIX Reversal Signal
Last week, I wrote about the $VIX Reversal Signal in my post entitled “Follow the $VIX”. Well, we’ve seen the reversal in the $VIX come to fruition, but is the market ready to follow?
Follow the $VIX
The Volatility Index ($VIX) fired off the first step of a key reversal signal after yesterday’s close – one that could spark the next buying opportunity in the broader market. Let’s take a look!