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VIX:VXV Ratio Signals a Buy

By Ilene
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Hard to imagine, but here’s an optimistic view assuming "all hell does not break lose", courtesy of Bill Luby:

VIX:VXV Ratio Signals a Buy

Courtesy of Bill Luby at VIX and More

The VIX:VXV ratio, which has been decidedly neutral for more than two months, is up over 1.08 (was at 1.10 earlier), signaling a buy.

Officially, this ratio does not generate a buy or sell signal until the end of the day, but on days like today, it is always nice to get an early warning signal.

If all hell does not break lose, I will revisit the VIX:VXV ratio just before the close and update the signal, if any.

Note (from comments):  If it closes at 1.08 or above, the VIX:VXV ratio will generate a long signal in the SPX/SPY or more generally in equities, not in any VIX products.

Cheers,  Bill

Update:

Looks Like No EOD Buy Signal From VIX:VXV Ratio

 

At 3:45 p.m. ET the VIX:VXV ratio is at 1.051.

Now this ratio will continue to update until 4:15 p.m., but for those looking for a signal to get long during the regular trading session, it does not look like we will have one.

 

 

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