Wednesday, 14 October 2015

VIX climbs for a second day

With equity indexes closing broadly weak for a second day, the VIX managed the second consecutive net daily gain, settling +1.6% @ 17.96 (intra high 18.78). Near term outlook is that equities will resume higher, for a test of critical resistance in the sp'2040/60 zone.




Little to add.

In the scheme of things, VIX remains relatively subdued. The key 20 threshold looks out of range in the immediate term.

more later... on the indexes