Using the VVIX to Trade SPY

Here’s a simple clue to look for in the VVIX, when trading the S&P 500. We’ll take a look at three market internals, and what each was telling us.

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Is The Put Call Ratio Warning Us?

Put Call Ratio - 2023 Stock Market Warning

The Put-Call Ratio ($PCALL) dipped below a key threshold, giving us our first warning signal. Let’s study what has happened in the past 10 years, when the $PCALL ratio has fallen below this key level.

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