The following 3 Daily ratio charts show that:
- the SPX is outperforming the VIX, but the ratio is at a major resistance level…the Momentum indicator has just turned positive above the Zero level
- the NDX is struggling to outperform the VXN, and the ratio is at a downtrend resistance and well below a major resistance level…the Momentum indicator has turned up and is just below the Zero level
- the RUT is also struggling to outperform the RVX, and the ratio is well below a downtrend resistance and below two major resistance levels…the Momentum indicator has turned up and is just below the Zero level
