Wednesday 2 December 2015

VIX back on the rise

Whilst equity indexes closed significantly lower, the VIX was naturally back on the rise, settling +8.4% @ 15.91 (intra high 16.49). Near term outlook is for renewed equity upside to the sp'2115/20 zone, and that should equate to VIX 13/12s.


VIX'60min



VIX'daily3



Summary

Little to add.

Despite a net daily gain, the VIX remains relatively low, and there is low probability we'll see sustained action above the 20 threshold for the remainder of the year.

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more later... on the indexes