The VIX Volatility index, otherwise known as the “fear gauge,” closed below 12 yesterday for the first time in just over a year.  Below is a chart of the VIX going back to 1990, with green shading denoting sub-12 levels.

In today’s Chart of the Day sent to paid subscribers, we analyzed historically low readings for the VIX and how the equity market typically performs during these periods and beyond.  Sign up for a free Bespoke research trial below to view today’s Chart of the Day.