Monday, 9 May 2016

VIX remains very subdued

Whilst equity indexes closed moderately mixed, the VIX was naturally very subdued, settling -1.0% @ 14.57. Near term outlook threatens an attempt to break/hold the sp'2080s.. but that will likely fail, with an eventual break under the Friday low of 2039.. which should equate to VIX >16.




Suffice to add... as has been the case since late February, the VIX remains broadly subdued.

Even if sp'2000/1990s before next opex (May'20th)... the VIX will not likely see sustained action above the key 20 threshold.

more later... on the indexes