Volatility Gauge Flashes Green Light for S&P 500 Bulls
- VIX futures curve in prolonged inversion amid war in Ukraine
- History signals U.S. stock market gains after some inversions
This article is for subscribers only.
A pattern traced by the S&P 500 index’s volatility gauge is vindicating Wednesday’s dip-buyers.
The pattern stems from the futures curve for the Cboe Volatility Index, a gauge of implied equity swings for the U.S. benchmark derived from options trading.