With equities seeing a moderate retrace of the Wednesday hyper-gains, the VIX clawed upward, settling +0.7% @ 14.07 (intra high 14.87). Near term outlook offers the sp'2120/30s in April, which will likely equate to VIX trundling sideways within the 15/11 range.
VIX'daily3
Summary
Little to add.
VIX remains very subdued. The key 20 threshold looks very much out of range for some weeks... probably until mid/late May at the earliest.
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more later... on the indexes