Whilst the US equity market saw a marginal new low of sp'2039, the VIX was generally stuck.. settling +1.1% @ 16.87 (intra high 17.19). Near term outlook is for renewed equity upside into the weekly close, which will probably equate to VIX in the 15.25/14.50 zone.
VIX'60min
VIX'daily3
Summary
Little to add
The big 20 threshold looks out of range... and VIX has probably maxed out today in the low 17s.. along with sp' flooring at 2039.
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more later.. on the indexes