VIX Has Never Done This Before ... Ever
Never, in the history of VIX - the so-called 'fear-index' - has this ever happened before...
The last 3 days have seen VIX drop 12.74%, 15.55%, and 13.4% today... VIX has NEVER dropped more than 10% for 3 days in a row ever.
h/t @RyanDetrick
And here is VIX today - does that look in any way normal or efficient to you!!??
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And then there's this from last week - As Nanex shows, S&P 500 e-mini futures liquidity dropped to the lowest ever...
Connected? Who knows...
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