I would say the $VIX would be a better indicator of overall
market sentiment. A lot of people short or on the sidelines
waiting for the next big drop that might never happen. I am
not a true believe until way stay above the 50 day MA on the SP500
for more than a day. I need a couple of days to prove the
strength of the market.
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I would say the $VIX
The last 4 Friday afternoons the SPX rallied - will ...
Posted by ssaffer on 24th of Apr 2020 at 03:52 pm
I would say the $VIX would be a better indicator of overall market sentiment. A lot of people short or on the sidelines waiting for the next big drop that might never happen. I am not a true believe until way stay above the 50 day MA on the SP500 for more than a day. I need a couple of days to prove the strength of the market.