You are right...it's getting awfully low. I really thought the market was going to roll harder than it did. Last weekend I was planning my exits and feeling good about my inverse positions and then last Monday everything reversed on a dime.
Looking at the $VIX, the rules on the 30 min chart say an aggressive buy is ok (on Friday). The daily is not showing it's hand. To me it has a look of wanting to go lower. I do still have the feeling that the market wants a leg down. Dunno...but I just put on the watch list and will look at the futures early Monday.
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