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Tuesday, April 20, 2021

SPX:VIX Ratio ALERT

If these new MACD and PMO crossovers hold, and if the RSI holds below 50 on this daily SPX:VIX ratio chart, we could see a decent pullback occur in the SPX.

Such a scenario may, also, negatively impact U.S. Bank stocks and ETFs, and, possibly, Bitcoin, as described here.