JPMorgan Chase & Co. strategists have identified what they say is a near bulletproof indicator to strengthen their argument that stock markets are poised to rally.
The buy signal is triggered when the Cboe Volatility Index (VIX) rises by more than 50% of its 1-month (30 day) moving average, which it last did on January 25th 2022, according to the strategists led by Mislav Matejka. The indicator has proven 100% accurate outside of recessions over the last three decades.
Instructions: Symbol - VIX Timeframe - Daily Red Triangle - Close / 30 Day SMA >= 1.5
Indicator is unclear .. The peak is a buy? It dips usually right after?
ahmedrahim8
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@sevencampbell, VIX is volatility... volatility happens most of the team due to fear from uncertainty...so more goes up ...more fear ...so SPY and NDX r down... Buy the dip then
Bloomberg article for reference
bloomberg.com/news/articles/2022-02-08/jpmorgan-strategists-see-sure-fire-sign-it-s-time-to-buy-stocks