Monday 24 February 2014

Volatility still melting lower

With equities closing with moderate gains, the VIX naturally melted lower, settling -3.1% @ 14.23, with an intraday floor of 13.97. Near term outlook is for the VIX to remain within the 15/12 zone. VIX 20s still look unlikely until April.


vix'60min


VIX'daily3


Summary

There really isn't anything much to add.

So long as equities continue to broadly climb, the VIX will remain in the low teens. The big 20 threshold doesn't look likely until April.
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more later..on those bullish indexes