From Jeff Clark in Growth Stock Wire:

I hate referring to the "flash crash." Too many people do it, and it seems a bit inflammatory to keep saying one indicator or another is signaling another dangerous market event. But this one is staring us in the face and begging to be noticed.

The action in the Volatility Index (or "VIX") is eerily similar to what happened last year – just before the flash crash.

The VIX is a measure of fear in the market. It's used as a contrary indicator. So when the VIX is low, it signals investor complacency and warns traders that sentiment is too bullish. When the VIX is high, it indicates traders are fearful and we may have a buying opportunity.

One of the most consistent warnings of an impending correction occurs when the VIX...

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