VIX swings across the day

With US equities seeing early weakness to sp'2045, the VIX saw a morning spiky peak of 17.19, but settling +2.3% @ 15.80 (intra low 15.23). Near term outlook offers the sp'2020/10 zone, which should equate to VIX (if briefly).. trading in the low 20s.


VIX'60min

VIX'daily3

VIX'weekly

Summary

*I would only normally highlight the VIX weekly chart on a Friday, but it should serve as a reminder today of 'best upside case', into early next week. Typically. we'll likely get stuck in the low 20s.
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Little to add.

VIX remains 'relatively' low, and at best.. might be able to briefly trade in the low 20s within the next 1-3 trading days.
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more later.. on the indexes