Wednesday, 17 July 2013

Volatility headed for the 12s

With the main equity indexes holding together, market fear/volatility continues to decline, with the VIX closing -4.4% @ 13.78. VIX looks set to break into the 12s, certainly once sp' is trading in the 1700s. The only issue is whether VIX 11/10s are hit in the current equity up wave.




There is nothing to be said..other than it remains a fearless market.

Even VIX in the low 20s look difficult in late August/early September.

more later..on those bullish indexes