With equities closing moderately mixed, the VIX managed the second consecutive (if minor) net daily gain, settling +5.7% @ 15.29. Near term outlook offers threat of the sp'2080/90s, before a viable reversal into early November. The VIX 20 threshold looks a difficult level to hit.. even if sp'2K.
Little to add.
VIX remains broadly subdued, and even if the main market rolls over with the next FOMC/GDP data, sustained action in the 20s looks difficult.
more later... on the indexes