With equities closing moderately higher, the VIX remained in cooling mode, settling -8.9% @ 15.47. Near term outlook threatens a minor equity retrace, but regardless, the key VIX 20 threshold now looks out of range for some considerable time.
*a net weekly decline of -23.0%.
Suffice to add, VIX is now sustainably in the mid teens... sub teens look due at some point before year end, not least if sp' breaks >2134.
more later... on the indexes