VIX cools a little

With equities managing to hold moderate gains, the VIX was in cooling mode, settling -0.9% @ 15.06. Near term outlook is for a further wave lower to the sp'2065/60 zone.. which will probably equate to VIX maxing out in the 16.50/17.00 zone. The 20s look well out of range.


VIX'60min

VIX'daily3

Summary

Little to add.

VIX remains relatively subdued... the 20s are very unlikely in the current up wave.
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more later... on the indexes