Monday, 10 March 2014

Volatility fractionally higher

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