SPX vs VIX

30 avr.

Comparing SPX on the left with UVIX on the right. If UVIX double bottom can hold price above 8.37 and SPX can break below price of 4953.56, I find it highly probable that the top of equities is in. If UVIX at any point breaks below 8.37, then any breaks of SPX below 4953.56 would like be dip-buying opportunities. If UVIX breaks below 8.37, then it is also possible that SPX has already bottomed at 4953.56.