With the main indexes breaking the down trend, the VIX naturally slipped lower, settling -4.7% @ 12.92. Near term outlook is for the VIX to remain in the 14/11 zone for the next 3-5 trading days. VIX increasingly looks unlikely to break back >20..until the late spring.
vix'60min
vix'daily3
Summary
*the morning flash-spike remains something of an anomaly.
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Not much to add..VIX remains low..whilst equities remain broadly very bullish.
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more later..on those indexes