Stocks continue to roll over to fresh lows with the S&P 500 down an eyebrow-raising 33 points to 1795.

The VIX is in turbo mode today, up an astonishing 28.6% to 17.71. In the past two days, the fear gauge is up 38%.

VIX daily chart

VIX daily

The FX market has been able to ignore stocks for most of the day but there are signs that the market is waking up on the latest push.