With US equity indexes seeing some weakness into the close, the VIX turned upward, settling +3.7% @ 18.84 (intra low 16.86). Near term outlook offers further (brief) equity weakness, but the sp'2019 low should hold, with VIX then cooling into early December.
VIX'60min
VIX'daily3
Summary
Little to add.
VIX should remain broadly under the key 20 threshold for the remainder of the month.. and probably all the way into the next FOMC of Dec'16th.
*I have ZERO interest in being long the VIX.. at least for some weeks.
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more later... on the indexes