VIX hit 30 on March 5th. MOVE has elevated simultaneously.
That's the signal. Historically that combination marks a local bottom in risk assets.
We're now 18 days past that signal. VIX has pulled back to 24.8. MOVE still elevated at 108.8.
If history holds, the bottom is already in. The window to buy was March 5th – March 20th.
VIX hit 30 on March 5th. History says we have bottomed.
byu/EducationalYouth6909 inBitcoin
Posted by EducationalYouth6909
2 Comments
That’s all fine but if I buy everything crashes 🤣
BOT. New account.