Thursday, 7 June 2012

VIX - volatility still slipping

Despite the latter day pullback in the indexes - with the tech and sp' slightly red, the VIX still closed lower.


VIX, daily, bullish outlook


Primary target remains 20, 18 now seems likely by the middle of next week. A brief move to 17/16 is possible if sp'1350/60 next Thur/Friday.

More later