With the Fed raising rates, the great uncertainty that caused equity havoc in Aug/September has been removed. As equities closed broadly higher, the VIX naturally collapsed, settling -14.7% @ 17.86. Near term outlook is for equities to continue to push higher into early 2016.. with the VIX set to go sub-teens.
It would seem we have clarity that the VIX maxed out before year end in the 26s, and we're now headed broadly lower, with VIX set for the low teens.. if not 12/11s, as sp' will make a serious attempt to break new historic highs (>2134) within the next few weeks.
*I have ZERO interest in being long the VIX.
more later... on the indexes