Volatility fractionally lower

With equities remaining strong into the close, the VIX turned back lower, and settling -0.1% @ 13.09. Near term outlook is offering a minor spike into the 14s, before melting back lower. VIX now looks unlikely to break 20 for at least a month or two.


VIX'60min

VIX'daily3

Summary

*It was notable to see the VIX in the 12s, with an intraday low of 12.92, the lowest level since Jan'22.
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VIX remains low, and at best, equity bears might see a spike to the 14s..maybe 15s. Certainly, the 16s look out of range, in what is a market that is consistently breaking new index highs.
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more later..on the indexes