S&P 500 advance to dissipate

The S&P 500’s climb up the wall of worry is over.

My story link mentions the advance ends when the VIX registers a weekly reading of 64 or greater.

It did that last week.

The study below circles the S&P 500 when that weekly VIX vol64 occurs. It then trades sideways to lower, for many following months.

Not to worry, the ‘market’ will change its shape and weight will be re-distributed.

August 20, 2024

by Rob Zdravevski

rob@karriasset.com.au