With the main indexes seeing some latter day weakness, the VIX managed a micro-rally into the monthly close, settling +0.7% @13.75. Across the month, the VIX declined 17%. The VIX looks set to remain in the teens for the remainder of the year.
*I don't think I've posted a monthly VIX chart in a very long while, but I think its worth keeping things in perspective. Market volatility has collapsed, and just like in 2005..it could be another few years before the market really freaks out again.
Suffice to say, the VIX remains low, and even if we slip down to the sp'1730s in the coming day or two, I don't expect the VIX much above 15/16.
more later..on the indexes