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Panic Selling Ahead For Equities?

Published 10/15/2014, 03:42 PM
Updated 07/09/2023, 06:31 AM

As of 2:00 pm today (Wednesday) -- and further to my post of October 9 -- price in equities has plunged to the next major support level of 60, after failing to hold a critical level of 100, as shown on the 20-Year Daily ratio chart of SPX:VIX below.

Price on this ratio chart now sits at levels seen during the 2008 financial crisis. A break and hold below this level could, indeed, cause some panic selling in equities…one to watch very closely over the coming days/weeks!

S&P 500 And The VIX

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