Your Chart of the Day is here! [image] April 17, 2023 How the VIX Volatility Index Could Key Trading Decisions for May The VIX Index, which tracks market volatility, is at an interesting spot heading into what is expected to be a volatile week filled with earnings and other economic news. Typically, in the area shown on the bottom right of this chart, the VIX makes a turnaround to the upside around this level. The question I have is whether or not the VIX will return to the pre-COVID levels shown on the bottom left, or if it will continue to bounce in the post-COVID area shown in the middle. Either way, a bounce in the VIX generally spells a move down in the S&P 500. The key to me is that weâre two weeks away from May, a month I project to see volatility pick up and knock the S&P 500 down, at least temporarily. This means Iâll keep my eye on VIX levels this week and throughout May. Maybe this will help you, too. [image] Think and win! Celeste Lindman Celeste Lindman Trading If you havenât already, [join my Telegram channel here]() for frequent trading insights and market musings! *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Where âGoodâ Becomes Unbelievable Imagine a trading strategy that generated [a 25% stock return in 2022]() while the markets sank like a stone⦠That might not be a jaw-dropping number, but it should be enough to get your attention, right? After all, weâre talking about a 25% gain versus a 15-plus percent loss if youâd just kept your money in the markets. Thatâs pretty good, right? But hereâs where âgoodâ becomes âunbelievableâ¦â Because this strategy that weâre talking about didnât take a YEAR to generate 25%... this strategy generated that [25% return in just three minutes!]() And that was just one of 86 winning trades this system has pumped out in the past year, every one of which: - Trade on just one ticker symbol.
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