With the market actually showing a little weakness today, the VIX closed higher, but only by 4.5% to the 17.8 level.
So, after two trading weeks, the VIX is up from the low 13s to the high 17s. It is still a very low VIX level though, but the trend is certainly up.
Bears should seek a VIX weekly close >18 tomorrow. Anything in the 19s would be a real bonus.
The 'doomer bears', will certainly be seeking a VIX of 35/45 this Autumn at some point. The weekly VIX cycle is due to go positive MACD cycle next week! An 'explosive' move is....soon viable.