VIX futures expiring this month rose 6.7 percent to 29.30, while VStoxx futures expiring in August jumped 14 percent to 35.35. The VDAX-New advanced 18 percent to 35,33 in Frankfurt. The Kospi 200 Volatility Index jumped 25 percent to 28.31. The India VIX advanced 23 percent.
Based on precedent, the next couple weeks we should have at least another 2 percent day up or down, and six or seven 1 percent days in either direction. The volatility should stay with us. '+'
