Instances are low, but so far the returns are overwhelmingly bullish. Very little drawdown compared to both the run-up and the average trade. This appears to be worth some consideration.
Thursday, December 5, 2013
VIX Closes Up For The 7th Day In A Row While SPY Is In An Uptrend
One notable bit of action is that Wednesday marked the 7th day in a row that the VIX has risen. That is a very unusual streak. I decided to look back at all other times the VIX had risen for 7 days in a row while SPY was above its 200ma. Below are results of SPY assuming a 3-day holding period.
Instances are low, but so far the returns are overwhelmingly bullish. Very little drawdown compared to both the run-up and the average trade. This appears to be worth some consideration.
Instances are low, but so far the returns are overwhelmingly bullish. Very little drawdown compared to both the run-up and the average trade. This appears to be worth some consideration.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment