Love ratio analysis and also love using the PATTERNS w/ it …
Here’s the S&P 500 / VIX ratio.
Note the resistance area we are at or maybe a little higher. Also, take note how high the ratio is compared to, say, 2007? WOW.
My musical note log projection got SMOKED today and so did the PATTERNS. I’m not there yet, mostly because the broader market really didn’t participate .. the DOW and R2000 but the other indices were barely up.
I’m about to throw my “short” strategy in the trash can … another up day like today on WED will have me take out the eraser.
No worries, the PATTERNS aren’t perfect … but man did this one sure look like a GREAT set up. We’ll see …








