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.
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Monday, April 11, 2011
Keystone's SPX:VIX Ratio Indicator
SPX:VIX a valuable guide for serious traders. Watch the 68 level that signals a large broad market selling event and typically opens the door for further downside, as all the blue circles show. Market bulls are in firm control now with the 74 handle. If you see the 68 printing, bulls will run for cover and market bears will throw confetti, so check this ratio often as the trading hours, and days, tick along. 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 finanical advisor before making any investment decision.
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