With equities back on the slide, the VIX held gains across the day, settling +9.1% @ 28.43. Near term outlook is for an equity retrace to the 1945/30 zone.. which should equate to VIX around 35. From there, renewed cooling to the 20 threshold by the FOMC of Sept'17th.
Little to add.
VIX looks set for near term upside.. then cooling into mid Sept', before the next volatility explosion into end month/early Oct'.
more later... on the indexes