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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Tuesday, November 22, 2011
Keystone's SPX:VIX Ratio Indicator
The SPX:VIX ratio dropped after yesterday's open signaling market trouble. Equities tumbled lower. At 2 PM, note how the ratio moved back above 35 signaling the all-clear and markets recovered. Use the 35 level as your guide. If the ratio stays above today, the market bulls are fine. If the ratio drops under 35 again, hang on to your hat since that signals the market bears are in charge. This information is provided for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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