Keystone's SPX:VIX Ratio Indicator is back in play. The market rally ran in October; note how the ratio has stayed above 35 favoring market bulls, and the day it moved above 35 (green circle) was a large up day. Bulls were then favored as long as the rato stays above 35. Today, the 35 may be tested.
If the ratio dips below 35, and stays there, this signals a large down day on tap for the broad markets and indicates that the bears have regained control of the markets. Watch this closely today. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.
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