With equities closing moderately higher, the VIX was naturally weak across the day, settling -9.7% @ 18.70. Near term outlook offers upside to at least the sp'2050/60s, and if sp'2080/2110s by year end..the VIX will continue to cool to the low teens.
Little to add.
Equities look set to claw upward into Jan'2016, and that would likely equate to VIX in the 14/13s.
more later... on the indexes