Monday 23 March 2015

VIX jumps into the close

Whilst equities closed somewhat weak, the VIX remained relatively subdued, with a minor gain of +3% @ 13.41 (intra low 12.89). Near term outlook offers continued equity upside, which will likely equate to VIX trading within the 15/11 zone.. into early April.


VIX'daily3


VIX, 5min


Summary

*with equities seeing some sharp weakness (if relatively minor) into the close, the VIX snapped higher.
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Little to add

VIX remains broadly low in the low teens... and the big 20 threshold looks well out of range for some weeks.
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more later... on the indexes