With the main indexes closing moderately higher, the VIX was naturally weak, and melted lower into the weekend, settling -3.2% @ 12.26. Near term outlook remains for the VIX to stay in a tight 13/11 range, before a minor spike to 15/16 in mid December. Across the week, the VIX gained +0.6%.
There is little to add. The VIX remains very low..and at best..might spike into the mid teens in mid December.
I see zero chance of the VIX >20 until late Jan/Feb.
more later...on the indexes