Good Morning!
The
VIX is having a hard time in this area since March of 23.
The
SPX is the most oversold since 9/22 but it can get more than what it currently is.
However!!!
Peak oversold seldom is the bottom!
Only 12/18 was an oversold bottom.
1/22 was a temp bottom.
Big bounces are likely best to short unless there's a big change in technical data. As we stated before, likely rate cuts next year to help if #stocks (#economy) are still weak in 2024.
SPY
The
VIX is having a hard time in this area since March of 23.The
SPX is the most oversold since 9/22 but it can get more than what it currently is.However!!!
Peak oversold seldom is the bottom!
Only 12/18 was an oversold bottom.
1/22 was a temp bottom.
Big bounces are likely best to short unless there's a big change in technical data. As we stated before, likely rate cuts next year to help if #stocks (#economy) are still weak in 2024.
SPY
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.