Whilst equities closed somewhat weak, the VIX remained relatively subdued, with a minor gain of +3% @ 13.41 (intra low 12.89). Near term outlook offers continued equity upside, which will likely equate to VIX trading within the 15/11 zone.. into early April.
VIX'daily3
VIX, 5min
Summary
*with equities seeing some sharp weakness (if relatively minor) into the close, the VIX snapped higher.
--
Little to add
VIX remains broadly low in the low teens... and the big 20 threshold looks well out of range for some weeks.
-
more later... on the indexes