With equity indexes settling moderately lower, the VIX was naturally on the rise, settling +6.7% @ 16.13. Near term outlook offers renewed equity upside, at least to the 2115/20 zone, with 2150/70 before year end. Sustained action above the VIX 20 threshold looks out of range.
Little to add.
VIX broke above declining trend... but even the 17s look out of range in the immediate term.
more later... on the indexes