When the stock market continues to dive and if the VIX does go any higher, that’s a sign we are getting close to a short-term bottom in this market.
Photo by Austin Distel on Unsplash
In today’s trader tip video, Chris talks about the 9% rally in SVXY over the next 3-9 days. The stock market has been falling for quite some time, and the S&P 500 is down about 16% on the year. The VIX has been spiking and rallying up which means there’s a lot of fear in the markets. When the stock market continues to dive and if the VIX does go any higher, that’s a sign we are getting close to a short-term bottom in this market.
Video Length: 00:02:14
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