$VIX
Added 2024-08-05 08:41:15 +0000 UTCHas certainly broken its trend and is giving us signs of panic in the market, a break above 30 is usually an indication of a correction and above 38 we are starting to see signs of capitulation, 41 was hit earlier today.
We are still some distance away from breaking above 50 which would give us a severe indication, in line with the '08 crash and the Covid Crash in 2020
