Whilst equities saw minor chop across the day, the VIX was in melt mode, settling lower by -6.8% @ 15.52. Near term outlook is for the sp'2090/2110 zone, which will likely equate to VIX 14/13s, if not even a little lower (briefly).
*the fifth daily decline of the last six trading days.
Little to add.
VIX looks to set to see another wave lower after the FOMC announcement this Wed' afternoon.
more later... on the indexes