Whilst equity indexes closed moderately mixed, the VIX swung from an early low of 13.66 to an intra high of 14.43, settling -0.8% @ 13.96. Near term outlook offers the sp'2065/61 gap zone, which should equate to VIX 15/16s. An April close in the 2050/40s would likely equate to 17/19s.
Suffice to add, the VIX remains broadly subdued, as equities are still holding at/very close to recent highs.
Even if the market cools to the 2040s within the next 3-5 trading days, sustained action above the key VIX 20 threshold looks out of range for some weeks.
more later... on the indexes