Volatility still falling

With equities still climbing, the VIX continues to melt lower, settling -3.7% @ 12.42. Near term outlook is for a weekly close in the 12/11s. The 10s.. or even 9s are likely if sp'2000s. VIX 20s look unlikely until at least early October.


VIX'daily3

Summary

*a notable fifth consecutive daily decline for the VIX
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VIX remains set to continue slipping.. as equities claw towards new historic highs.
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more later... on the indexes