VIX'60min
VIX'daily3
Summary
The last six trading days in VIX land have been pretty unstable. So far, the bears are just not seeing any sustained significant gains.
Indeed, as this morning showed, the VIX can easily still drop 5-10% without too much trouble.
As it is, I can't see VIX breaking any higher than 16 this week. Perhaps the tail end of next week will offer the first chance at a challenge of the big 20 threshold, but certainly..not this side of Easter.
more later, on the indexes