With equities closing moderately mixed, the VIX was unable to hold afternoon gains of around 10% (intra high 29.20), settling -0.2% @ 26.05. Near term outlook is for the sp'1945/30 zone, and that should equate to VIX in the 30s.. before cooling back to the 20 threshold by mid Sept'.
VIXdaily3
VIX'weekly2
Summary
*a net weekly decline of -7.1%
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As is often the case, the VIX was knocked lower into the weekly close..
5min
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It was the wildest week in the VIX since the equity collapse wave of August 2011, with the highest VIX print since Jan' 2009 of 53.29.
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more later.. on the indexes