VIX lower for a seventh day

With equities continuing to climb, the VIX naturally continues to slip. This was a notable seventh consecutive daily decline for the VIX (close to a record?), settling -4.0% @ 13.57   Across the week, the VIX declined by a very significant -11.2% .


VIX'60min

VIX'daily3

VIX'weekly

Summary

Last weeks giant red candle has been confirmed with a further significant decline.

Based on previous cycles, the VIX will likely remain low for at least another 4-6 weeks.

*if anyone knows what the record for consecutive daily declines on the VIX is, let me know! I have to wonder, if equities rally on Tuesday, with the VIX lower for an eighth day, that would probably be a record.
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more later..on the indexes