As charted, everytime we see a Ichimoku CLoud break in the VIX ( Volatility S&P 500 Index ) we see a strong rally out of it. The most recent example of this is on the 13th Feb 2020.
Inversely proportional to the VIX , the S&P 500 Index has massive negative price action, represented on the 21st Feb 2020.
Coincidence? I think not...
Since the beginning of COVID19 governments around the world have been scrambling to control there domestic economies by all means necessary. It's of no secret that there is a huge amount of Global Hyperinflation and we are starting to really feel the effects of what this virus has done.
Nothing is guaranteed and we have deflected out of Ichimoku Clouds before to stabilise as represented most recently on the 31st July 2020, (Remember though that the S&P 500 still dropped close to 6%)
Currently looking at price action on the S&P 500 Index entering the cloud doesn't fill me with confidence, along with the VIX ( Volatility ) shaping up to break through the cloud and destabilise the S&P 500 .
This isn't just isolated to the S&P 500 Index , check out all the other Major Indexes to see the relationship.
America is about to enter "Flu season" (Winter) and it has the Presidential Election coming up. This could be shaping up for a BIG ONE....
Will history repeat?
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!! *Prices will differ depending on charts used
Inversely proportional to the VIX , the S&P 500 Index has massive negative price action, represented on the 21st Feb 2020.
Coincidence? I think not...
Since the beginning of COVID19 governments around the world have been scrambling to control there domestic economies by all means necessary. It's of no secret that there is a huge amount of Global Hyperinflation and we are starting to really feel the effects of what this virus has done.
Nothing is guaranteed and we have deflected out of Ichimoku Clouds before to stabilise as represented most recently on the 31st July 2020, (Remember though that the S&P 500 still dropped close to 6%)
Currently looking at price action on the S&P 500 Index entering the cloud doesn't fill me with confidence, along with the VIX ( Volatility ) shaping up to break through the cloud and destabilise the S&P 500 .
This isn't just isolated to the S&P 500 Index , check out all the other Major Indexes to see the relationship.
America is about to enter "Flu season" (Winter) and it has the Presidential Election coming up. This could be shaping up for a BIG ONE....
Will history repeat?
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!! *Prices will differ depending on charts used