Thursday 11 September 2014

VIX still struggling to hold gains

Whilst the broader US equity market saw minor weakness across the day, the VIX notably struggled to hold gains (intra high 13.67), settling -0.6% @ 12.80. Near term offers a moderate chance at a brief spike to the 15s, before resuming back lower.


VIXdaily3


Summary

Little to add.

VIX is low...at best..the mid 15s - where there is a rather obvious price gap, that would match up with the low sp'1970s.

The big VIX 20 threshold looks unlikely in the remainder of the year.
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more later... on the indexes