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Volatility Heats Up...Summer Selloff Ahead?

The following three ratio charts compare the strength of the NDX, RUT, and SPX with their respective Volatility Index.

The following NDX:VXN ratio chart shows that NDX is sitting in a precarious spot at a rising trendline, but well below what is now major resistance. All 3 technical indicators are still in "SELL" mode, as rising volatility outstrips price performance.

Compare that to where the RUT:RVX ratio is sitting...just above major support, but all three technical...


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