Notes are on the chart. Per the usual, conventional wisdom regarding these two indicators is way off base here. Moving averages only to provide a clean price picture.
click chart to enlarge
VIX
PUT/CALL RATIO
A Microcosm Of What Lies Ahead
The April lows below 5000 on the SPX to recent highs nearing 6000 are a microcosm of what is to come during the latter...
