so these are levels based on monthly and weekly standard deviation/ variants of that (.25 .50 .75) all in all although its been a choppy ride due to ecb dovishness causing us treasury buying (automated i assume). i do maintain a bullish outlook longer term. as mentioned and i stress it. THIS IS NOT EQUITY VOLATILITY. this is just the digestion of lower growth, but the reversion of lower growth is the incentive of quicker growth. once past this digestion stage we're likely to surpass ATH due to bonds will loose their overall appeal due to lack of yield. keep in mind the risk free rate is our yard stick by which equities are judged. with lower yields valuations are likely to drift (positive drift) higher. ill keep posting on a weekly basis of an updated chart. please feel free to leave feedback.