Golden5: Sentiment

ISE & CBOE data allow for more downside before reaching a support level.

Pls find our newest addition the VIX Fair Value which compares Vola prices with actual Vola. We have backtested this indicator and found that the success ratio for a profitable trade withing 60trading days (3 Months) is around 85%.

This is somewhat similar to the success ratio of the above ISE & CBOE Sentiment gages.

The recent Spike is the highest one in 20yrs, so let's see what happens over the 3 Months.
Our workhorses the 2 VIX_OSCs are still hinting at more downside.

Either it is different this time or better get your stops tightened!