Time to Go Long? This Signal Says "YES"
Use this powerful signal to buy the dip, almost every time.
I’ve written about it many times. There is one signal you can use to “buy the dip” with amazing accuracy.
Here is the skinny: when the Volatility Index (i.e. the VIX) skyrockets passed the Upper Bollinger Band, that means “fear is overbought”.
So what do you do? Fade the fear…. by going long.
When fear is overbought, there is a VERY good chance stocks rise, and soon.
Just see for yourself with this chart of the VIX. I’ve overlaid when the bottom in stocks was………
You can go back in time too, and see how accurate this signal is. Don’t take my word for it. Pull up a chart and call my BS, if there is any.
Now is the time to buy. If we go lower, it won’t be much longer, and it won’t be for long.
Pending any World War 3 that spreads from the Middle East…… buy, buy, buy.