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!!?? * * * 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...