It's not too late to learn how to implement the VVIX/VIX ratio to help you spot inflection points in indices, i.e., shifts in risk appetite.
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 and DOW 30, especially when incorporating other technical tools.
We use the late September 2021 example for identifying bottoms (7:02 mins of the video) and the March 2020 as well as August 2020 examples for identifying peaks (9:52 mins of the video) . I also show you how to use the ratio and where to obtain it for free.