It's my opinion that the markets are acting irrationally and have regained losses very quickly when both the fundamentals and technical analysis
show a more bearish
view. The VIX
has an inverse relationship with SPY
as well as other markets. Currently at 40
, but reached 80 near the end of March (24th,25th,26th). There is likely a recession coming for many economies, with South Korea already experiencing one
. Stop at 35 but a good risk/reward ratio.
This is just my opinion and does not count as investment advice.