With US equities closing significantly higher for a second day, the VIX cooled lower for the third consecutive day, settling -13.9% @ 26.10, but notably well above the intraday low of 24.49.
Little to add.
Regardless of any equity weakness across tomorrow/Monday, the VIX looks set for the 20 threshold. If the sp'2050/70 zone it hit, then the mid teens are probable.. before next opportunity of a major surge into the 40s.. and beyond.
more later... on the indexes