With equities closing fractionally higher, the VIX continued to cool, settling -0.5% @ 14.98 (intra low 14.82). Near term outlook is for further equity gains to the sp'2060s, which will likely equate to VIX 13/12s. The key 20 threshold looks out of range for at least another week.
*it is notable that the VIX has declined for 13 of the last 15 trading days.
VIX remains broadly melting lower from the lower high of 28.33 (Sept'28th).
On any daily close >sp'2060, the VIX will certainly lose the teens.
more later.. on the indexes