Wednesday, 5 March 2014

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.




*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.

There is little else to add, on what was a very quiet trading day.

more later..on the indexes