Monday, August 15, 2011

SPX:VIX Ratio Regains 35

Keystone's SPX:VIX ratio regained the 35 level at 9:36 AM EST. This indicates that the indexes will have a large up day, the Dow Industrials should be up triple digits--as long as the ratio stays above 35. The day is young so simply keep an eye on it. Last print is 36.05. A move back above 35 is a feather in the bulls cap for a recovery rally.

Reference the Market Turn Signal page on this site for further information and tracking of Keystone's SPX:VIX Ratio.

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