With equities unravelling into the close of Q1, the VIX jumped, settling +5.4% @ 15.29. Near term outlook offers a test of the 200dma in the sp'2010s.. which should equate to VIX breaking the recent high of 17.19. The door is opening to the key VIX 20 threshold.
*since it is end month... a rare highlight of the VIX monthly...
So.. across the month, the VIX gained 14.6%, but remains at a relatively low level.
Upper monthly bol' is offering the 20 threshold in April.. anything much above 21/22 will be difficult.
more later.... on the indexes