VIX signal has been perfect

    Posted by matt on 22nd of Feb 2024 at 12:30 pm

    $VIX - Chart Link- went on a buy signal yesterday as you know

    Matt, being newer to the

    Posted by abcdzhirt123 on 22nd of Feb 2024 at 01:57 pm

    Matt, being newer to the site, I am having a hard time understanding the "trigger" definition.   I don't understand #3 - is that for the SPY and if so, how does one know a higher sell from a lower buy

    Yes, VIX is the volatility

    Posted by foody518 on 22nd of Feb 2024 at 02:01 pm

    Yes, VIX is the volatility index of the S&P 500, and the state of the close the day after the day VIX first closes outside of the Bollinger Band is the buy/sell signal on the S&P 500 index

    Thanks Foody and Steve, I

    Posted by abcdzhirt123 on 22nd of Feb 2024 at 02:05 pm

    Thanks Foody and Steve, I believe I was making it more complicated than it is.   

    VIX - on Tuesday it

    Posted by steve on 22nd of Feb 2024 at 02:00 pm

    VIX - on Tuesday it closed above it's upper BB then reversed down and closed below yesterday (SPX buy signal) - simple as that but this is simply a tool - trade YOUR PLAN. If you don't have a plan - refrain from trading.  Make sure you are taking some profits and raising stops - remain prudent 

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