Thursday, 23 October 2014

Volatility back on the slide

With US equities opening sharply higher, the VIX was knocked back into the 15s. Despite an opening reversal candle, the VIX failed to climb, settling -7.5% @ 16.53.  Near term outlook is for VIX to melt lower into the 14/13s by next Wednesday.




Little to add. VIX looks set to remain subdued for another 3-4 trading days.

more later... on the indexes