December 13, 2022
Monday the $VIX closed UP 9.5% while the S&P 500 finished UP 1.4%.
2021 and 2022 experienced a 45-year topping cycle. Part of its unwinding – cycling from the high pivots 11/18 and 1/4 lower into the extra market events happening on 5/11 and 9/28.
What is amazing about these two dates is they create a 96-day cycle, which on the look back is accurate pegging tops and bottoms to the 6/12/20 and 10/30/20 lows.
This work by Jack Cahn is licensed under a Creative Commons Attribution-NonCommercial 4.0 International