Tuesday 18 February 2014

Volatility breaks the down trend

Despite most indexes closing a little higher, the VIX managed to break the 7 day run of declines, settling +2.2% @ 13.87. Near term outlook is for higher equities, and that should equate to VIX remaining in a rather tight 15/12 zone into next month.


vix'daily3


Summary

VIX looks set to remain under the key 20 threshold for some weeks, probably no earlier than mid April.
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more later..on the indexes