Equity indexes were lower at the end of the Friday's session, pushing the CBOE Volatility Index back above the 13 level.
The S&P 500 fell 11.91 points, or 0.6 percent, to 1985.54. That was off the session low of 1980.26, but the action did put the SPX back below its 10- and 20-day moving averages. The benchmark index now has resistance at 2000 with support at 1980 and then 1960.
The Nasdaq 100 lost 23.41 points, or 0.57 percent, to finish up the week at 4069.23. Unlike the SPX, it remained in the range of the previous three days and closed above its 20-day moving average. It has resistance at 4110 with support at 4050 and then 4000.
The Russell 2000 shed 11.73 points, or 1 percent, to 1160.61. That left the RUT below its 20-day moving average. The small-cap index has resistance at 1180 and support at 1160.
The VIX gained 0.51 points, or 3.98 percent, to 13.31. The nine-day CBOE Short-Term Volatility Index (:VXST) climbed 1.21 points, or 10.02 percent, to 13.28. The two volatility measures were as high as 14.27 and 15.09 respectively intraday.
The VIX futures followed higher. The September contracts, which settle this week, added 0.50 point to 14.05 while the October futures rose 0.25 point to 14.75. With that the iPath S&P 500 VIX Short-Term Futures Note (VXX) was up 2.21 percent to $28.62.
More From optionMONSTER