Nothing To See Here – VIX Hits 18-Month Low

Nothing To See Here – VIX Hits 18-Month Low

Volatility on the S&P is nowhere to be seen these days – perhaps the market crash was merely a figment of our imaginations!

The VIX is low, and it continues to head lower.
(Source: Yahoo Finance)

As you can see from our experience in 2008, when the VIX breaks out, it breaks out in a big way. So a breakout on the VIX would be a good cue for us to start slamming the PANIC button as hard as humanly possible.

But for now, all is calm in the markets, as February’s drop now looks like a pebble tossed in the pond in hindsight.

The VIX could continue to head lower – who knows – but one would have to expect a spike in our future again sooner rather than later.