With US equities opening sharply higher, the VIX was knocked back into the 15s. Despite an opening reversal candle, the VIX failed to climb, settling -7.5% @ 16.53. Near term outlook is for VIX to melt lower into the 14/13s by next Wednesday.
VIX'60min
VIX'daily3
Summary
Little to add. VIX looks set to remain subdued for another 3-4 trading days.
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more later... on the indexes