Volatility headed for 10s

With the main indexes continuing to rise, the VIX made new lows...getting within a fraction of the 10s @ 11.05, closing - 4.5% @ 11.30. Near term trend still looks weak, and VIX in the 10s, even 9s is 'briefly' possible towards the middle of next week.


VIX'60min

VIX'daily3

VIX, weekly2, rainbow, 10yr

Summary

So..VIX 10s look a given either tomorrow, or early next week.

The only issue now is whether we single digit VIX before this multi-month index up cycle completes.
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The big 10 year VIX chart indeed shows that we are now down to levels not seen since Feb'2007. Its pretty incredible.
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more later..on the indexes