With US equity indexes closing broadly higher, the VIX was in cooling mode, settling -8.6% @ 14.09 (intra low 14.00). Near term outlook still offers the sp'2020/15 zone, and that should equate to VIX in the 18s. Sustained action above the key VIX 20 threshold looks out of range in the current cycle.
Suffice to add... VIX remains stuck in the low/mid teens, even a brief foray to the upper teens is an obvious challenge.
Yet... having seen a likely key high of sp'2075 - with VIX 13.00, the VIX should be able to hit the 17/18s within the next 2-3 days.
more later... on the indexes