Thursday 18 September 2014

Volatility continues to slide

With equities continuing to break new historic highs, the VIX continued to slide, settling -4.9% @ 12.03. Near term outlook is for VIX to remain within the 13/10 zone. The big 20 threshold increasingly looks unlikely to be hit until next year.


VIX'daily3


Summary

Little to add.

Not surprisingly, with equities gaining for the third day, the VIX saw a third day of declines.

VIX remains very subdued, and the 20s look increasingly unlikely until next year.
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more later... on the indexes