Whilst equity indexes closed significantly lower, the VIX was naturally back on the rise, settling +8.4% @ 15.91 (intra high 16.49). Near term outlook is for renewed equity upside to the sp'2115/20 zone, and that should equate to VIX 13/12s.
Little to add.
Despite a net daily gain, the VIX remains relatively low, and there is low probability we'll see sustained action above the 20 threshold for the remainder of the year.
more later... on the indexes