Whilst equity indexes closed moderately mixed, the VIX saw some moderate swings across the day (intra range 18.26 - 16.00), settling +0.8 @ 16.99. Near term outlook offers threat of a minor equity retrace, but broadly... the trend is strongly bullish into the sp'2100s... and VIX will likely be subdued in the low/sub teens.
VIX'60min
VIX'daily3
Summary
*there remains a problem with the VIX computer, with sporadic flash-prints to the downside.
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The key 20 threshold looks out of range in the near term.. and likely for rest of the month.
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more later... on the indexes