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