Last week there was a rare VIX topping Signal.
This happens when the SPX makes a new rally high while the VIX makes a lower bottom.
The last time this happened was in August 2022. Prior to then there was a VIX topping signal in January 2022.
If the SPX drops next week it could be the start of adeep multi-month bear phase.
This happens when the SPX makes a new rally high while the VIX makes a lower bottom.
The last time this happened was in August 2022. Prior to then there was a VIX topping signal in January 2022.
If the SPX drops next week it could be the start of adeep multi-month bear phase.
