SPX:VIX Ratio Chart Regains 68

Before the close at 3:49 PM EST today, SPX:VIX went back above the 68 level and closed at 69.32.  Thus, the foray under 68 and back up over during the afternoon session corresponded to the recovery in the indexes late day.  The SPX:VIX ratio is set up again to fall under 68, and, when it does, expect the same selling event as today showed.  This will occur Monday or one of the other days next week.  More information available on this ratio on the Market Turn Signal page and also previous chart posted today.