Volatility a touch higher

Despite the main indexes climbing for a fourth day, the VIX also managed a daily gain, +1.3% @ 12.83  Yet, today's gain is arguably nothing more than 'mere noise'. As we've seen many times, the VIX could simply meander in the 15-12s for weeks, if not months.


VIX'daily3

Summary

There really isn't much to take from any of the VIX charts now. The intra-day action is so minor, it barely registers at all.

Any hopes of VIX above the key 20 threshold...are arguably to be put on hold until the late summer.
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more later, on those melting indexes