Volatility climbs into the weekend

With equities seeing a touch of weakness into the close, the VIX built some gains, settling +10.4% @ 13.33. Near term outlook is for continued broader equity strength, which should keep the VIX capped firmly in the low/mid teens.


VIX'daily3

VIX'weekly

Summary

*across the week, the VIX gained 3.3%.
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There is not much to be said on the VIX. A brief spike higher is always viable, at best, 18/20 zone.. but even that looks a stretch.

I've ZERO interest in being long VIX until late 2015/early 2016. 
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more later.. on the indexes