The SPX/VIX Ratio is back to 105.84, you can see the triple top which appears to have taken shape.And also observe where this ratio was in 1999-2000. IMHO I think it has significance, and would be surprised if this ratio made a new leap to another level.
Certainly it should be near its top and not ready for another impulsive move up. Stockcharts.com provided chart.
Duratek
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