With equities holding moderate declines across the day, the VIX just managed to hold fractional gains, settling +0.6% @ 14.20 (jntraday peak: 15.28). Near term outlook remains for the VIX to remain in the 15/12 zone until the next FOMC of March'19.
VIX'60min
VIX'daily3
Summary
Most notable aspect of the day, the black-fail daily candle...which does not bode well for the equity bears tomorrow.
*VIX 20s look viable no earlier than April.
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more later..on the indexes