Thursday, 12 November 2015

VIX headed toward the 20s

With US equity indexes closing significantly lower, the VIX was naturally on the rise, settling +14.4% @ 18.37, the highest daily close since Oct'7th. Near term outlook offers further weakness to the sp'2020s, and that should equate to VIX briefly in the low 20s.




A second consecutive net daily gain for the VIX.

A brief foray above the key 20 threshold looks due... whether tomorrow.. or more likely... early next week.

more later... on the indexes