How Low Can VIX Go?

VIX just reached a 10 handle, something it hasn’t done since Aug 5, 2015 — shortly before SPX fell off a 245-pt cliff.2016-12-21-vix-daily-0600

If you were to ask me how low VIX can go, I’d have to answer “as low as it needs to in order to keep stocks melting up.”2016-12-21-spx-aug-2015

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