With equity indexes closing broadly weak, the VIX was naturally on the rise, settling +6.9% @ 15.84 (intra high 17.18). Near term outlook remains for the sp'2115/20 zone, which would likely equate to VIX 12/11s at the time of the next FOMC (Dec'16th).
VIX'60min
VIX'daily3
Summary
Despite the gains, the VIX remains relatively subdued.
We're still seeing sporadic jumps to the upside, but for now.. sustained action above the key 20 threshold looks out of range.
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more later... on the indexes