Thursday Missive and SPX/VIX Ratio
TA DA (from my blog Thursday AM)
NDX BB bands tightening,
IMHO NEXT sharp move is down.
UNOTICED by the gang of hypsters
is the steep selloff of the TRAN INDEX.
All coming with near record lows in the VIX.
SPX/VIX ratio sprinting to ever more extreme reading.
http://tinyurl.com/78ynd **(notice TRIPLE TOP
and EACH time it has reached this NEW bull
extreme a selloff followed IMHO breathes
some credability into this indicator I mention often)
DPosted by: Duratek / 8:48 AM 0 comments
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