Entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX.
Click here for latest Signal Trades.
Updates 2:22 PM EST- Wednesday 6/2/21
Volatility climbing up and breadth dropping
Both NYSE and Nasdaq A/D issues are hovering around zero, and are trending towards negative breath possibly in the next few days. In short, expect more selling.
$VIX $VXN $RVX are coiling to rise up some more.
Both of these are bearish warnings of possibly more selling for $SPX $NDX IWM. So Big Bull up swing may be approaching the end.
We decided to lock in profit for SOXL and waiting to exit TQQQ.
Read the rest of this analysis, and get the latest entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX here.