---
title: Inverse Panic !
description: "S&P500 $SPX is not far from range highs post the epic squeeze. SPX futures are nearing the 7k level, with range highs just above. Downside panic has flipped into upside chasing, while vols have reset to pre-war levels. Chart 2 (SPX vs. VIX, inverted) shows the gap has narrowed materially from peak panic.\n\nSource: TME"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Inverse Panic !](https://blog.syzgroup.com/syz-the-moment/inverse-panic)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 15, 2026, 1:55:44 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/inverse-panic)

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