SPX:VIX Ratio (by Strawberry Blonde)

By -

Price has fallen to just above major support at 95.00 and the Momentum indicator is still above zero on the following Weekly ratio chart of SPX:VIX. A break and hold below 95.00 and the zero level could signal that a big decline is in store for the SPX.

I'm mindful of my last comments on the VIX.

 

Mark This Post as a Favorite
Do NOT follow this link or you will be banned from the site!