With US equity indexes closing significantly higher, the VIX was naturally back in cooling mode, settling -11.0% @ 16.05. Near term outlook offers further equity upside to the 2040/60 zone by the next FOMC of Oct'28th. The key VIX 20 threshold looks out of range in the near term.
Little to add.
VIX remains broadly subdued.. and looks headed lower into the weekend.
Right now... if sp'2060.. that might equate to VIX in the 14/13s.
more later... on the indexes