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Thursday, July 12, 2012
Keystone's SPX:VIX Ratio Indicator 30-Minute Chart 68 Level
This chart displays one of Keystone's key turn signals, the 68 level for the SPX:VIX ratio. The green square shows where the bull party started, on 6/28/12, when the ratio moved above 68. The ratio remains above 68 signaling continued bullish fun. With the sick futures currently, watch this ratio very closely. If 68 fails today, all Hades will break loose in the markets. When the ratio drops under 68 this typically occurs in concert with the Dow Industrials dropping triple digits. If the ratio stays above 68, the bulls are fine, if 68 fails, the bears rule moving forward. This ratio is perhaps the most important indicator to watch right now.This information is 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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