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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Thursday, September 8, 2011
Keystone's SPX:VIX Ratio Indicator Below 35
Chairman Bernanke sent the SPX:VIX ratio under 35 at 1:30 PM EST today once he started talking. This indicates that the bears have regained control of the markets and the selling came into the indexes. The bears remain in control unless the ratio moves above 35--which will also signal a huge up day in the markets. Watch the ratio closely in real-time during tomorrow's session. As always, more information on this indicator is on the Turn Signal page on this site.
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