Tuesday, 29 April 2014

Volatility melting lower

With equities battling higher into the sp'1880s, the VIX was unable to hold the very minor gains in early morning, settling -1.9% @ 13.71. Near term outlook is for the VIX to slip into the 12/11s, not least if the sp' can break into the 1900s.




Little to add.

VIX looks set to remain low, and the big 20 threshold looks unlikely to be tested for some weeks.

more later..on the indexes