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, May 23, 2011
Keystone's SPX:VIX Ratio Indicator
Keep watching the 68 level which will signal that extended equity selling is on tap. In addition, the day the ratio falls under 68, today, tomorrow, whenever it occurs, equities will sell off large that day, the Dow typically selling off from 100 to 300 points once the 68 level is lost. As long as the ratio remains above 68, any selling event will be short-lived. When the 68 level is lost, the market bears are in control. 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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