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| SPX/VIX Ratio |
Monday, October 7, 2013
Important Ratio at Support
SPX/VIX ratio is another indicator flashing a ST buy signal. As you can see, it is trading at support. However, you will also notice the divergence that is currently happening. While I think the market bounces here, that divergence is not favorable in the intermediate term. I suspect there will be one final divergence after the market rallies.
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