Thursday, 27 August 2015

VIX continues to cool

With US equities closing significantly higher for a second day, the VIX cooled lower for the third consecutive day, settling -13.9% @ 26.10, but notably well above the intraday low of 24.49.




Little to add.

Regardless of any equity weakness across tomorrow/Monday, the VIX looks set for the 20 threshold. If the sp'2050/70 zone it hit, then the mid teens are probable.. before next opportunity of a major surge into the 40s.. and beyond.

more later... on the indexes