Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Chart Of The Day | Sep 13 2015 | Markets Calm Down

|Includes: IVV, SPDR S&P 500 Trust ETF (SPY), VIXY, VXX

After three turbulent weeks, S&P 500 is starting to stabilize, and VIX index is sharply down as shown in the chart below.

As we are still far away from normal VIX level, could this be the first step towards the end of the correction?