The Volatility Index (VIX), often referred to as Wall Street's 'fear gauge', has exhibited significant fluctuations throughout the week. Notably, the VIX reached a two-week low and is on track for its biggest weekly drop of the year. Despite these lows, there have been moments where the VIX showed signs of increasing, with intra-day patterns suggesting a potential rise, including a BD intra pattern. The index was observed near a resistance level of 17.2, indicating a possible shift in market sentiment.