It's not too late to learn how to implement the VVIX/VIX ratio in helping you spot inflection points in indices, states Ashraf Laidi of AshrafLaidi.com.
No, the ratio is not a standalone tool. Instead, it can be valuable and helpful in enabling you to anticipate lows (stabilization patterns) and peaks (exhaustion) in the S&P 500 (SPX) and DOW30 (DJIA), especially when incorporating other technical tools.
We use the late September 2021 example (7:02 mins of the video) for identifying bottoms and the March 2020 as well as Aug 2020 examples (9:52 mins of the video) for identifying peaks .
Learn more about Ashraf Laidi at AshrafLaidi.com.