Volatility a little higher

With US equities seeing some mixed chop - with particular weakness in the R2K/Nasdaq, the VIX managed minor gains, settling +1.6% @ 11.58. Near term outlook is for the VIX to remain within the 13/11 zone, although the 10s are most certainly viable in June.


VIX'daily3

Summary

Little to add.

VIX remains low, and the 20s look unattainable for some weeks, perhaps even until the late summer.

Next major event is the FOMC of June'18. I suppose some will look to the ECB this Thursday, but really...FOMC is the one I am focusing on.
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more later..on the indexes