Tuesday 27 October 2015

VIX higher for a third day

With equity indexes closing broadly weak, the VIX was naturally continuing to climb, settling +1.3% @ 15.49. Near term outlook is for renewed equity upside, at least to the sp'2080/90s... which will likely equate to VIX cooling to new cycle lows in the 12/11s.


VIX'60min



VIX'daily3



Summary

Little to add.

VIX looks set to remain broadly subdued into end week/month. The key 20 threshold looks out of range in the near term.
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more later... on the indexes