With equities closing moderately higher, VIX remained broadly subdued, settling +1.2% @ 12.85 (intra low 12.10). Near term outlook offers further equity upside to the sp'2140s... which would likely equate to VIX remaining stuck within the 15/11 zone.
VIX'60min
VIX'daily3
Summary
Little to add.
VIX remains low.. and the big 20 threshold looks out of range until at least mid June.
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more later... on the indexes