With US equities closing significantly higher for the third consecutive day, the VIX remained in cooling mode (intra low 21.83), settling -7.5% @ 22.31. Near term outlook remains broadly bullish to the sp'1950/65 zone.. which will likely equate to VIX 20... if not a brief foray to the 19/18s.
VIX'60min
VIX'daily3
Summary
Suffice to add, a third daily decline for the VIX.
The upper teens look probable by next Mon/Tuesday.
--
This coming spring.. a break <sp'1810.. with VIX hyper-spiking into the 40/50s looks due.
-
more later.... on the indexes
