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