Volatility slightly lower

With equities seeing a day of consolidation, the VIX similarly trundled fractionally higher..and lower across the day, settling -1.5% @ 13.89. Near term outlook is for the VIX to remain in a tight 15/12 zone, into the next FOMC (and VIX opex) of March'19.


VIX'60min

VIX'daily3

Summary

*I should note, the hourly chart is largely barren of labels, but then..the price action is very muted, and that will probably remain the case for another 8-10 trading days.
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There is little else to add, on what was a very quiet trading day.
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more later..on the indexes