VIX Plunges

 VIX 3C positive divergence, last time there was a positive divergence (much smaller ) was April of this year at the market's peak followed by a decline and flash crash.

Today's lows have almost taken out the April lows, if that happens you have to go back to 2007 to see lower lows, of course that was the major top of the bull market and start of the bear market.

Here's the April VIX lows vs. the SPY in red, note the lows correspond with the April equities crash.