05/09/17

S&P Plunges To Critical Technical Support As VIX Spikes



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S&P Plunges To Critical Technical Support As VIX Spikes
// Zero Hedge

With spiking above 13, US equity markets appear to be suddenly waking up to the potential that The Fed's constant stream of positivity was smoke and mirrors all along and a September full of massive event risk probably doesn't warrant buying the record high...

 

As VIX breaks out...

 

S&P 500 is tumbling towatfs its 50-day moving average...

 

And Small Caps have plunged through the 50- and 100-day moving averages....

 


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