Keystone's SPX:VIX Ratio Indicator Shows Failure at 68 Level

SPX:VIX ratio failure at 68. This signals that the broad markets will experience a large down day today, as long as the raito stays below 68, with the Dow Industrials typically down over three digits. When price moved above 68, the purple circle, that signals an alert to be aware of a potential market down move coming.  When price collapses back thru 68, at the red circle, that indicates big trouble for the markets.

The market bears remain in favor as long as the ratio remains under 68. If the ratio moves back above, the bulls will be back in the game again. 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.

Note Added 1/24/12 at 3:08 PM:  At 2:14 PM the SPX:VIX ratio regained the 68 level negating the large sell off today for the broad markets.  As long as the ratio stays above 68 the bulls are fine, when it drops under 68, and it will at some point forward, that will trigger a large market down day. Today is not finished yet and with the ratio now printing 68.23, favoring the bulls, can the bears push it 23 cents lower by the close? If the bears are going to make a move it should be now.