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%.
VIX'60min
VIX'daily3
VIX'weekly
Summary
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.
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more later...on the indexes