SPDR S&P 500 (SPY): As much as you don’t like it, VIX , and/...

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Re: Perseverance71 post# 243306

Tuesday, 10/17/2017 2:32:22 PM

Tuesday, October 17, 2017 2:32:22 PM

As much as you don’t like it, VIX , and/ or it’s derivative ETFs may be a good indicator here , because unless : until VIX confirms bottom and reversal , spy uptrend seems to be the ruler of the land.

Vxx is definitely in territory where an at least temp bottom could form , enough to maybe see spy get back to 250 , but that 250 level is probably concrete S at the present.

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