Volatility gains into the weekend

With equities seeing borderline significant declines, the VIX spiked, settling +7.2% @ 12.69. If equities can push back into the sp'1990s next week, then VIX will no doubt slip back into the 10s, perhaps the 9s - if sp'2010/20s in early August.


VIX'60min

VIX'daily3

VIX'weekly

Summary

Across the week, the VIX gained a moderate 5.2%

Despite Thurs/Friday seeing net gains...it remains the case that VIX is generally weak, and most spikes are failing to even break back into the low teens.

I don't expect VIX above the key 20 threshold for some months, and have zero interest in going long the VIX.
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more later... on the indexes