Thursday, 29 October 2015

VIX clawing upward

Whilst equities closed moderately mixed, the VIX was battling across the day to hold minor gains, settling +1.9% @ 14.91 (intra high 15.46). Near term outlook offers an equity snap under soft rising support, with first target of the VIX 18/20 zone next week.




Little to add.

VIX remains broadly subdued, and it is clearly going to take an sp -30pt day to give the VIX the first opportunity to make an attempt to clear the key 20 threshold.

more later... on the indexes