Treacle like this drives me nuts:

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In recent weeks, the VIX blasted from 18 to almost 30 back to 18 again. I was curious if there were any other occurrences in which this took place. I found a very similar set of behavior that ended, of all days, last Christmas Eve.

I’ve shared my pairs charts, or ratio charts if you prefer, many times. The general conclusion from these, going back for a long while, was “bullish precious/bearish equities.” Yes, precious metals have done great, but equities just keep going up anyway. Let’s take a look at three major ratio charts, all of which reach the same conclusion:
