How much has the drop so far?!
The drop in the VIX is clear in the image:
It dropped by 6.51 points, or -13.86%.
This is a very large drop for an index that measures "fear" in the markets!
Fear Collapse!
The VIX Index fell by more than 13% in a single day!
Are the markets starting to regain confidence? Or is this the calm before the storm?
Watch the movements—sometimes the calm is more dangerous than the noise!