VIX continues to cool

With equities closing significantly higher, the VIX continued to cool, settling -15.8% @ 30.32 (intra low 28.67). The near term outlook offers a multi-day equity bounce, and that will likely equate to VIX falling to the 22/19 zone.


VIX'60min

VIX'daily3

Summary

Little to add.

VIX looks set to cool into the low 20s, along with equities rallying for at least a few days.
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more later... on the indexes