In last Wednesday’s blog I showed a study that the quick move from overbought to oversold in the VIX appeared suggestive of further upside.
The numbers here appear to strongly suggest a short-term downside edge. More detailed analysis was done on the instances in last night’s subscriber letter. That analysis also supported the case for a short-term pullback.
To take a trial of Quantifiable Edges and see last night’s detailed version of this study, click here to take a free 1-week trial.
1 comment:
Thanks for the heads up.
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