VIX stuck in the 11s

Whilst equities continued to push higher, the VIX saw minor chop in the 11s, settling +2.0% @ 11.70.  Near term outlook is for VIX to remain subdued, within the 13/10 zone. Single digit VIX is looking increasingly difficult.


VIX'daily3

Summary

Little to add...

VIX is low..and will probably remain sub mid-teens until late September - barring any 'spooky news'.

The 20s look unlikely until at least October..if at all, in the remainder of this year.
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more later.. on the indexes