With US equities generally pushing upward, the VIX remains at very low levels, settling today +2.3% @ 14.21. The near term outlook remains for the VIX to stay within a tight 15/12 zone, before climbing after the next FOMC.
Little to add. If the market is not pleased with the jobs data tomorrow, there is risk of a minor (and brief) jump to the mid 15s. Certainly though, the 16s look out of range.
The big 20 threshold looks unlikely to be broken until April.
more later. on the indexes