Technical analysis by Shivam_Gaba about Symbol SPYX: Sell recommendation (11/22/2022)
https://sahmeto.com/message/3673469

Shivam_Gaba
Rank: 11242
Analytical Power:
1.5
A potential divergence between S&P 500 and VIX.
:Sell
Price at Publish Time:
$4,003.58

A lower low in the VIX not confirmed by a higher high in S&P 500 is a potential divergence. Previous tops and bottoms have seen similar kind of divergences where either one of the two does not confirm the move and hence results in a trend reversal. Note- This is not an investment advice.
Source Message: TradingView