Wednesday, 23 July 2014

Volatility continues to melt lower

With US equities breaking new historic highs, the VIX was naturally knocked lower in the morning, settling -5.9% @ 11.52. VIX 10s look a viable weekly close, and the only issue is when will we see single digit VIX?


VIX'daily3


Summary

Little to add.

VIX remains crushed. sub-teens...the 10s look due to be hit again, and 9s are very viable.. as soon as next week if sp'2000s.

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more later.. on the indexes