vix'60min
vix'daily3
Summary
It remains bizarre how the market remains so utterly fearless. I could list dozens of reasons why the VIX should be in the 20s (if not the 30s)..but as ever..the market is..what it is.
For now...the market is not likely to be spooked, unless it breaks the sp'1834 low. However, my guess is that it will fail to hold that low..and will then proceed swiftly lower to the 1800/1790s.
Whether that is enough to cause the VIX to hit the big 20 threshold..difficult to say.
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more later...on the indexes