Tuesday 15 September 2015

VIX resumes cooling

With equities closing significantly higher, the VIX was naturally back in cooling mode, settling -7.0% @ 22.54. Near term outlook offers the sp'2000s, and that will likely equate to VIX back under the 20 threshold. If sp'2040/50s, VIX will likely floor in the 17/15s.


VIX'daily3



Summary

Little to add.

Equities look set to continue higher into the FOMC... with VIX set to continue cooling.


*I will consider picking up a VIX-long postion within 2-5 trading days.
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more later... on the indexes