VIX Index Chart At Bearish Low

VIX index chart is at a huge bearish low right now. Historically speaking, markets will tend to typically correct when investors have the least amount of fear - i.e. a reading below the 20 level indicates a high level of complacency. In the past the VIX has been a reliable indicator for keeping the degree of a market’s trend in perspective. The recent break lower still gives us sufficient reason to be very careful on the long side of the market and the idea that the rally is REALLY getting over extended.