SPX:VIX Ratio Entering A New Bull Market Territory
Further to my post of February 18th, a hold above 200 would indicate that the SPX:VIX ratio is entering a new bull market territory, as shown on the following Monthly ratio chart. Bullish momentum remains strong (in favor of equities) and is confirmed, as of Friday's close, by a higher swing high on this timeframe.
SPX:VIX Ratio Monthly
Disclosure: None.
thanks for sharing