Technical Analysis—Ratio of the SPX to the 10-year Treasury Volatility

The ratio of the SPX to the 10-year Treasury volatility (SPX:10y T volatility) demonstrates a pattern where down-spikes correspond to local minima in the S&P 500 (vertical blue dotted-lines).

The chart below (click to enlarge) shows that the down-spike in the ratio has reached the up-sloping trend-line. This increases the chances of a bounce in the SPX.

$SPX (11/01/2018)





References

  1. SPX:10y T Vol

Comments

Post a Comment

Popular posts from this blog

Hedgeye's Macro Model―Growth, Inflation, Policy Model

Image
"In The Arena" with Darius Dale & Daryl Jones (YouTube link ) Hedgeye 's GIP model (i.e.  G rowth, I nflation, P olicy Model) is a regime-based sort of framework. Both Dalio's Reserch and Hedgeye findings have proven that the two most important factors for investors to track the future financial market returns is the rates of change in: Growth  Inflation . as policymakers typically respond to subsequent levels on a lag. Quad Growth Inflation Nickname 1 Accelerating Decelerating Goldilocks 2 Accelerating Accelerating Reflation 3 Decelerating Accelerating Stagflation 4 Decelerating Decelerating Deflation Table 1. Hedgeye’s Quads are the core of their proprietary GIP Model (Growth, Inflation, Policy) Hedgeye’s inflation rate‑of‑change metric—a core i...
Read more

Dallas-Fort Worth: Travelling and Billing on North Texas Toll Roads (NTTA)

Image
If you visit the  Dallas-Fort Worth area, you could have the following options driving on its toll roads: Driving your own car Order a TollTag  (i.e., either a sticker or a hardcase)  in advance  Pay by  ZipCash later Renting a car Use the TollPass service provided by a car rental company For example, here is the information from one car rental company (note that this information may vary): $3.95 per usage day, not to exceed $19.75 per rental period Note that this is the administration fee which doesn't include your unpaid tolls Open a short-term  Zip-Pass account with NTTA   By calling NTTA Customer Service at 972-818-NTTA (6882) Move your hardcase TollTag (not available to the sticker ones) temporarily to a rental car  The reason is that some roads or toll stations in NTTA ( North Texas Toll Roads ) coverage area are " electronic payment only " and this may be the only way to pay your ...
Read more

How to Apply for a New Texas Driver License?

Image
To apply for a new Texas Driver License, it involves three steps: Vehicle Inspection Car Registration and Title Driver License In this article, I will describe my experience of converting an out-of-state driver license to Texas'. Where to Go? Except for the second step, you can go to any nearby location as you like. For car registration and title , you need to go to your own county where your new residence resides in. Below shows you the links that you can find for where-to-go in each step: Vehicle Inspection You can use Inspection Station Locator provided by TxDPS . Car Registration and Title To do this, you must visit your local county tax-assessor collector office . First find out which county your residence resides in. Then, search for "Texas Plano County Tax Assessor" and Google search will return this link . Google map also shows you the locations of all available county tax office locations. Driver License The clerk of county ...
Read more