Wednesday 27 November 2013

Volatility micro spikes into the close

Whilst equity indexes clawed moderately higher, the VIX managed to hold positive, with a micro spike into the close, +1.3% @ 12.98. Near term outlook is for VIX to remain in the 11/15 zone. VIX >20 does not look viable until at least late Jan'2014.


VIX'60min


VIX'daily3


Summary

There is little to add. VIX remains bizarrely low, and will likely remain so until the new year.
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more later..on the indexes