VIX Rises for 6th Straight Day…
The market is now oversold with a ConnorsRSI reading of 18.26. What’s interesting is to see the VIX rise for the sixth consecutive day, a fear reading that has been rare over the past two years. With so many stocks and ETFs oversold, the market is likely nearing a short-term bottom within a a day or so.
Today’s Potential Opportunities on Further Pullbacks:
Stocks
ETFs