Dow Tumbles Below Key Technical Level As VIX Spikes Over 15

Tyler Durden's picture

VIX has spiked to 15.45 this morning as global war rhetoric combined with French elections are finaly shocking some investoirs out of their complacency.

This is the highest level for VIX since the election

...and The Dow just broke down below its crucial 50-day moving average...

What happens next?

Gold is 2017's big winner and Financials have nearly erased all the year's gains...

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SomethingSomethingDarkSide's picture

OOh danny boy, the NUGT and JNUG are calling...

Turmoil = Precious Metal Gainz

QE4 and NIRP on tap for next crisis, writing is on The Barn Wall via DB.

Fake Trump's picture

Did Trump tell you that. OMG you still trust him.

buzzsaw99's picture

this is the big one elizabeth. [/fred sanford]

AC_Doctor's picture

With our economic system now controlled by Central Bank interventions, the VIX should technically be at ZERO...

spastic_colon's picture

vix will be up 100% from lows while indexes will be down 1%....perfect set up for the "no matter who wins" french election global rally.

 

the goldman sachs (GS) index (DOW) is precisely gamed again..............

This is it's picture

BUY ALL THE FUCKING THINGS!! 

Fake Trump's picture

Good News. VIX going North to North Korea. Thank you Trump for it. 

_RRR_'s picture

if there is a war coming, who is nuts enough to BTFD. Unless it's not another sharade of course

Ricki13th's picture

Markets should be down way more than what it is right now. It seems tensions are rising globally while at home the economy is rolling over and there is no relief in sight (i.e. tax cuts) but everyone should be HOARDING PMs no questions ask just buy before the avalanche of investors start running for it. 

small axe's picture

it's either a huge buying opportunity or a generational top that will not be surpassed for 20 years.

or maybe ask Cramer. His past record speaks for itself.

OCnStiggs's picture

Just another example why the Fed is only in control until some world event rears its ugly head and the herd mentality takes over.

Something brewing now that may be "off the radar" will pop up and shock the market. Then look out...

Smoke at a Russian airport pushes the market down and boosts PMs? Just wait until something really BIG happens.

And, it's just around the corner.

DGS blog's picture

Between the Decption and Betrayal at SEEKKING ALPHA, for whom I refused to write, and the Ramping Gold price due to war jitters, it seems to me that you can only trust The MATH and GOLD.  Of course you want to be careful where you get your raw numbers from.  Maybe:

http://denaliguidesummit.blogspot.ca/2017/04/its-brutal-its-harsh-and-its-true.html

you can always check it against the math.

_RRR_'s picture

I didn't consult Gartman. Is he long for any chance?

Bill of Rights's picture

Miners barley moving lol

jamesmmu's picture

When 10yr breaks 2.3%, Its time to short more!!

EX-floor hedger's picture

....no worries....be happy....( Bobby McFerrin)

...the cabal of central banks WILL revive the equity arena for one last & brand rally to test 2429.25 in the ES futures....

This IS AMERICA !

EX-floor hedger's picture

....no worries....be happy....( Bobby McFerrin)

...the cabal of central banks WILL revive the equity arena for one last & brand rally to test 2429.25 in the ES futures....

This IS AMERICA !