Thursday 17 December 2015

VIX battling for the 20 threshold

With equity indexes closing significantly lower, the VIX battled upward, settling +6.0% @ 18.94. Near term outlook offers threat of sp'2025/20 zone, that would likely equate to VIX 20.00/20.50. Equities look broadly set for renewed upside into the 2100s, and that would see the VIX cooling to the low teens by year end.


VIX'60min



VIX'daily3



Summary

It would seem the market wants to fill the equity price gap of sp'2025/21.. along with VIX 20.00/20.50..  this Friday morning. From there, equities should resume higher and break/hold the sp'2100s.

*I have ZERO interest in being long volatility in the near term.

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more later... on the indexes