Volatility knocked lower

With US equities continuing to climb from the Thursday morning low, the VIX continued to slip, settling -10.0% @ 14.55. The near term outlook is uncertain, and is dependent upon whether the equity bulls can break and hold above sp'1970.


VIX'60min

VIX'daily3

VIX'weekly

Summary

For the equity bears, it was a very disappointing end to the week, with another failure to close above the important weekly 200MA.

VIX 20s still remain a very difficult level to break above.
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more later... on the indexes