SPX:VIX Ratio Entering A New Bull Market Territory

By Candy Matheson of Strawberry Blonde's Market Summary

Blogger & Retired Russell 2000 E-mini Futures Day Trader • Feb 25, 2017 at 5:52 PM EST

the SPX:VIX ratio is entering a new bull market territory. Bullish momentum remains strong (in favor of equities) and is confirmed, as of Friday's close.

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.