VIX is the opposite of US500, so it should move in the other direction
Friday was a red day for VIX despite it was a red day for US500 too, so it is a divergence that will push one of them to correct its pathway
I can see higher lows on the daily VIX chart
Further confirmation is required for bias
Wait and See
*charts are SPX ES SPY (cfd/future/eft)
**the lower window is correlation coefficient indicator vs US500
Friday was a red day for VIX despite it was a red day for US500 too, so it is a divergence that will push one of them to correct its pathway
I can see higher lows on the daily VIX chart
Further confirmation is required for bias
Wait and See
*charts are SPX ES SPY (cfd/future/eft)
**the lower window is correlation coefficient indicator vs US500