Volatility remains very low

With the main indexes seeing minor price chop, the VIX was similarly largely unmoved, settling 0.9% higher @ 13.16. The VIX looks set to remain in the 15-11 range for some weeks. A move back above the key 20 threshold now looks very much in doubt for the rest of 2013.


VIX'60min

VIX'daily3

Summary

There is little to note on the VIX.

With the shutdown over, and the debt ceiling kicked into Feb'2014, the VIX will likely remain low for the remainder of the year. The 2012 high of VIX 27 looks VERY unlikely to be surpassed this year. Even a brief foray into the low 20s looks very difficult, on any end year profit taking.
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more later..on the indexes