Tuesday, 20 October 2015

VIX claws a little higher

With equities closing moderately mixed, the VIX held onto minor gains, settling +3.7% @ 15.54. Near term outlook offers further equity upside to the 200dma.. around sp'2060. That will likely equate to VIX cooling to the 13/12s. The key 20 threshold looks out of range until the next FOMC of Oct'28th.




VIX remains broadly subdued, as the US equity market continues to claw upward from the August lows.

It would seem unlikely that the VIX will see any sustainable action >20 for at least another 6-7 trading days.

more later... on the indexes