VIX - subdued into the long weekend

With US equities closing the week moderately mixed, the VIX remained subdued, settling +0.2% @ 12.13 (intra low 11.82). Near term outlook is for continued equity strength into June, which should equate to VIX remaining within the 15/11 zone.


VIX'60min

VIX'daily3

VIX'weekly

Summary

* a VIX net weekly decline of -2.0%
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Suffice to say, with the Dow/Sp'500 breaking new historic highs this week, it was no surprise to see the VIX continue to cool.

Today's low of 11.82 was the lowest level since Dec 5th' 2014.

Now its a case of whether sp'2170s (whether June... or July) might equate to VIX 10s... or even 9s - challenging the all time VIX low of 9.31 - Dec 22nd 1993.
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more later.. on the indexes