Volatility crushed into the weekend

With equities building significant gains into the weekend - on good jobs data, the VIX was naturally smashed lower, settling -8.5% @ 13.79. Across the week, the VIX climbed 0.7%. Near term outlook is for the VIX to melt lower into year end..perhaps into the 11s


VIX'60min

VIX'daily3

VIX'weekly

Summary

..and thus concludes the 8 day record run of gains for the VIX.
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It would seem the 15s are the new 'spike high' range for the VIX. It is pretty incredible really, but then, maybe I am just easily surprised?

Suffice to say, VIX 20s look more than ever out of range, until late Jan/Feb 2014.
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more later..on the indexes