Posted by sbaxman111 on 10th of Aug 2017 at 11:32 am
Check out the $VXV:$VIX ratio. It currently is at 1.05
(near 11:30 am) - very close to the 1.00 mark that it went below
earlier this morning....this 1.00 level is where the statistical
odds favor a reversal. It's also currently 12.50% below its 9 ema
line - the biggest spread since May 17th, when it also went below
the 1.00 level and the 0.90 level before reversing.
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VXV/VIX RATIO
Posted by sbaxman111 on 10th of Aug 2017 at 11:32 am
Check out the $VXV:$VIX ratio. It currently is at 1.05 (near 11:30 am) - very close to the 1.00 mark that it went below earlier this morning....this 1.00 level is where the statistical odds favor a reversal. It's also currently 12.50% below its 9 ema line - the biggest spread since May 17th, when it also went below the 1.00 level and the 0.90 level before reversing.