Monday, 16 November 2015

VIX in cooling mode

With equities closing significantly higher, the VIX was naturally in cooling mode, settling -9.6% @ 18.16. Near term outlook offers broad equity upside into the next FOMC, and will likely equate to VIX going sub-teens again by mid December.




Suffice to add... so long as equities don't resume falling, with sustained action <sp'2K, there is little reason to expect the VIX will be able to break back above the key 20 threshold in the near term.

more later.... on the indexes