Volatility fractionally higher

With the main indexes seeing some latter day weakness, the VIX managed a micro-rally into the monthly close, settling +0.7% @13.75. Across the month, the VIX declined 17%. The VIX looks set to remain in the teens for the remainder of the year.


VIX'60min

VIX'daily

VIX'monthly

Summary

*I don't think I've posted a monthly VIX chart in a very long while, but I think its worth keeping things in perspective. Market volatility has collapsed, and just like in 2005..it could be another few years before the market really freaks out again.
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Suffice to say, the VIX remains low, and even if we slip down to the sp'1730s in the coming day or two, I don't expect the VIX much above 15/16.
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more later..on the indexes