Volatility crushed into the Easter weekend

With equities continuing to rebound, the VIX melted lower into the weekend, settling -5.8% @ 13.36, the lowest level in two weeks. Across the short 4 day week, the VIX declined by a very significant -21.5%.


VIX'60min

VIX'daily3

VIX'weekly

Summary

Suffice to say, it is pretty amazing to see how the VIX has whipsawed from the upper 17s, to the low 13s.

We're right back to a historically low level in the VIX. As some might legitimately argue..the only way from here is up.
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more later..on the indexes