Friday 20 February 2015

Volatility melts into the weekend

With equity indexes melting to new historic highs, the VIX was naturally melting lower... settling -6.5% @ 14.30.  Across the week, the VIX declined -2.6%. The big 20 threshold looks out of range in the immediate term.


VIX'daily3


VIX'weekly


Summary

Little to add.

The next bounce in VIX might easily get stuck in the 17/19 range... if a moderate retrace to the sp'2050s.

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More later... on the indexes