Forum > View Topic (Article)
This thread was started in response to the Article:
S&P500 / VIX Ratio & USD LIBOR
On the cycles of the S&P500 / VIX ratio and the stabilizing cost of USD 3-month LIBOR relative to its yen counterpart.
high RSI of nearly 70 on daily chart and the Bullish Percent Index (BPI) of over 90 % show similarity to the situation around january 14th (ca 86 %) ahead of the big sell off
a bullish sentiment has been purposely created by the institutionals to get the possibilty to get rid of their long positions
classical bearish evening star on march 25th at around 18 gmt, a shooting star has been formed ,the pendant to the hammer in early february, the probabilty is now very high that 1180 is the top, confirmation is looming due to the closing of S&P around 1165.
my conclusions big sell off in eurusd for sure, in yen-cross maybe