Volatility melts into the weekend

With the main indexes closing with moderate gains, the VIX melted lower into the weekend, settling -0.8% @ 13.09. Across the week, the VIX gained 0.4%. It would seem the VIX will remain in the low/mid teens for the remainder of the year.


VIX'60min

VIX'daily3

VIX'weekly

Summary

A very quiet week for the VIX, remaining itself in a very narrow range, mostly in the 13s, with a brief spike into the low 14s.

VIX breaking back into the 20s looks very difficult in the remainder of the year.
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more later..on the indexes