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.
Friday, February 10, 2012
Keystone's SPX:VIX Ratio Loses 68 Level Markets Turn Bearish
Thanks to an alert reader today for pointing this out. The SPX:VIX ratio collapsed at the open today dropping under 68, signaling a large sell off today for the markets. This is a significant development. The market bears are now favored moving forward--unless the market bulls can move the ratio back above 68.
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