Volatility fractionally higher

With equities seeing some weakness into the close, the VIX settled +0.16% @ 12.81. VIX has a reasonable chance to spike into the 14/15s within the next 3-5 trading days, but looks set to remain under the key 20 threshold until at least Jan'2014.


VIX'60min

VIX'daily3

Summary

Little to add...VIX is low...near term spike viable, but nothing of significance.

After all, no one can could deem the mid teens a 'volatile' market..and right now..even the 14/15s..look somewhat difficult.
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more later..on the indexes