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.
Monday, April 18, 2011
Keystone's SPX:VIX Indicator
With the large drop in the markets at the open, SPX:VIX now has a 71 handle, remaining above the critical 68 level that corresponds to extended market selling. Thus, things should settle out as the day moves along. No fears of a larger extended selling event unless we see the 68 and lower print.
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