Thursday, 18 February 2016

VIX remains very subdued

Despite US equity indexes closing moderately lower, the VIX remained in cooling mode, settling lower for a fourth consecutive day, -3.0% @ 21.64. Near term outlook offers a minor bounce to the 22/23s, but it would seem the sp'1950/60s will equate to VIX back under the key 20 threshold.




Suffice to add.. it was one of those days when despite the sp'500 swinging from a minor opening gain to 1930.. and declining to 1915, the VIX was still unable to rally.

more later... on the indexes