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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Thursday, May 08, 2014

Cherry Picking in the SPX:VIX Ratio

There is lots of cherry picking going on at these upper levels of the following 20-year monthly SPX:VIX ratio chart.

Unless we see price climb and hold above the 150 major resistance level and the Momentum indicator begin to break and hold above its current downward sloping trend and rise above historically high levels, we may see further downside and volatility enter the SPX...if not immediately, then, possibly sometime soon.