Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Wednesday, June 15, 2011
Keystone's SPX:VIX Ratio Fails Thru 68
You know what that means, a drop thru the 68 level means the Dow Industrials should sell off between 100 and 300 points today.
Also note, the NYA lost the 40 week MA a short time ago, sending the broad markets into a secular bear market.
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