Market volatility indicators are flashing green signals right now. The VIX is zeroing in on its lowest weekly close since early 2025, suggesting fear is backing off from traditional markets. Meanwhile, the oil volatility index (OVX) just hit its lowest weekly close since March—before all that tariff uncertainty kicked in. When you see volatility compressing like this across different asset classes, it typically points to one thing: risk appetite is coming back. Lower volatility often precedes stronger market moves as institutions start repositioning. Whether this holds or reverses depends on what headlines hit next, but the technicals are definitely leaning bullish at the moment.