22 T2108 Update – Volatility Plunges As the Stock Market Eagerly Celebrates Fed Tentativeness

At 13.3, the VIX now sits close to its level ahead of Rosen-aggedon. The plunge sent ProShares Ultra VIX Short-Term Futures to a 15.5% loss and close to another all-time low (familiar territory for this asset that fights a losing battle with decay).