With equities closing higher for a second consecutive day, the VIX naturally cooled, settling -7.8% @ 19.11. Outlook into mid March offers the sp'2000/2020 zone, which will likely equate to VIX in the 16/15s. Hyper upside in the VIX looks out of range until April.
Suffice to add.. VIX looks set to remain broadly subdued into mid March.
An interesting question is how high the VIX might spike before end March? Certainly, the 25/30 zone looks viable, even if VIX is 16/15s in the week of March 14th'.
The 40/50s look out of range until April.
More later... on the indexes