Volatility fractionally higher

With US equities closing somewhat mixed, the VIX held onto fractional gains, settling +0.7% @ 12.11. Near term outlook is for the VIX to remain within the 14/10 zone. Across the week, the VIX declined by a rather significant -8.9%.


VIX'60min

VIX'daily3

VIX'weekly

Summary

Suffice to say, for the equity bears it was rather lame that the VIX didn't even make it to the gap zone in the 15s this week.

There looks to be little possibility of VIX 20s for some months.
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more later... on the indexes