Martin Goldberg has a comprehensive review of the VIX on Financial Sense in which he uses a variety of charts to support his claim that the VIX looks like a coiled spring that is ready to jump. He argues that the markets will have difficulty going higher if the VIX does not continue lower, suggests that volatility is bottoming, and reminds us that “fear cannot go bankrupt.”
Brett Steenbarger at TraderFeed has an interesting look at absolute and relative option volatility, with links back to much of his previous VIX research. He also concludes that a market pullback is likely and bases this assessment on the current lows in both absolute and relative option volatility.
Ron Sen at Technically Speaking points to the high SPX/VIX ratio as a warning sign of “enhanced risk” in the markets.