With equities closing significantly higher on a Goldilocks jobs number, the VIX was crushed back down, settling -14.9% @ 12.88 (intra low 12.70). Near term outlook is for continued equity upside, and that should keep the VIX stuck within the 15/11 zone.
VIX'60min
VIX'daily3
VIX'weekly
Summary
*with the Friday gap lower, we now have another big gap zone to fill, although that looks more likely in the latter part of next week, after the sp'500 has perhaps broken into the 2130s... before the Friday OPEX.
--
Suffice to add, the big 20 threshold looks out of range until at least the FOMC of June 17'th.
--
more later... on the indexes