Volatility started off strong this morning, but through out the morning, it has been crushed falling from a high of 15.86 to as low as 14.69. 

All of this says is interesting for fodder, but what is more important is where it leaves us and that is in a tight trading range on VIX with a triangle that is pushing the action even tighter. 

So until something is broken to the upside or downside, you can expect a lot of pops and drops. 

Here’s my take on the VIX: