Nope, We Do Not Think It's Different This Time $VIX $SPY

Takeaway: A glaring US equity sell signal at VIX 10.32.

Editor's note: This is an excerpt from CEO Keith McCullough's morning research. 

 

A glaring US equity sell signal at VIX 10.32. It has never sustainably held below 10. Never. That is a long time.

 

The first SELL signal I issued in SPY since Feb 10, 2014 came on Thursday in conjunction with that front-month vol oversold reading.

 

Nope, We Do Not Think It's Different This Time $VIX $SPY - Chart of the Day