Mohacsy's Safe Portfolio Member Forum

[Dimension]

VIX divergence. VIX did make a new low today as expected and did bounce - only problem is, market did not move as it normally does - in the opposite direction.

This divergence is even more rare given how much the S&P is up. If i am not mistaken, there as never been a case where this type of divergence has not resolved itself in a day - either with the VIX dropping tomorrow or the market.

I will say that i like the candle i am seeing on the VIX, it was the candle that indicated a reversal last week and now it may be doing so again. We will see. Markets are extraordinarily bullish today and could see more follow through tomrrow - at least intraday