Father of Five is Back : Market Top In S&P Imminent; Cross JPY Selling To Follow

s&p 500 vol

Dear all,

One of my favorite signals is the realized volatility of S&P. Once this hits a low or new low, it usually means that the turn around in the market is coming. Why?  I like to liken the drop in volatility, to the way the tide retreats, just before a tsunami.  S&P realised vol recently did a new low in the past 5 years.  Could be a big one on the turn.  Should happen in the next 3 trading days.