Remember what was said about the “new normal” range last week? Forget it, it was crap, the Vix collapsed a full 8% from it’s already low, low bottom of the 52 week range trading down to 12.29 before closing at 12.46. This is a very , very low number and again, if traders can find a way to get long and stay long for the duration of this slump , there will come a day where you will be rewarded. It is hard to do , otherwise everyone would do it.
