The VIX is continuing to claw its way higher, but there is nothing impulsive about the move, any bear looking for some kind of major collapse wave (sp<1266) in the next few days..is surely going to be very disappointed.
sp'60min
vix'60min
Summary
If the indexes keep slipping lower, then upside VIX target is the gap at 24.00/50, equating to sp'1300/1290
So...lets see how we close. ;)
More after the close, with some important updates on the world indexes