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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...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

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Friday, August 12, 2016

Complacency & Risk-Taking Leap Into The Unknown

Further to my post of August 2nd, and as of today's (Friday's) close, the SPX:VIX ratio,  has now stepped into unknown territory, while Momentum continues its unparalleled parabolic rise, as shown on the following 20-Year Monthly chart below.


The gaps shown on the updated 60 minute ratio chart below remain unfilled...just a reminder of what I said...


Tuesday, August 02, 2016

SPX:VIX Gap Fill Looming

The Momentum indicator on the SPX:VIX ratio is at a new life-time high and it's going parabolic, as shown on the Monthly chart below.


There are three gaps up yet to be filled on the following 60-day 60-minute chart of the SPX:VIX ratio. This ratio doesn't like to leave gaps unfilled on this timeframe.

We may soon see a retest of the June 27th lows...a break and hold below the 150 Bull/Bear line-in-the-sand level would do it.