Wednesday 4 March 2015

Volatility continues to claw upward

With continued moderate equity weakness, the VIX continued to claw higher, settling +2.7% @ 14.23 (intra high 15.33). Near term outlook offers the sp'2060s, which should equate to VIX (briefly) in the 17s. The big 20 threshold looks out of range in the current up wave.


VIX'60min


VIX'daily3


Summary

Suffice to add, equities look set for another few days to the downside... which should equate to VIX maxing out in the 17s.. perhaps 18s. Certainly though.. the 20s look out of range.
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more later... on the indexes