Volatility net lower for a second week

With the equity market continuing to rally from the pre-FOMC low of sp'1972 (with a new historic high of 2092)... the VIX is naturally very subdued, settling 0.9% @ 14.50. The 12/11s look viable into end year/January. Across the week, the VIX declined -12.1%.


VIX'daily3

VIX'weekly

Summary

*not surprisingly, there was a last minute 'whack the VIX' event.. as often happens into the weekend.

VIX'1min

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Weekly MACD (blue bar histogram) cycle is set for a bearish cross, with a viable 4-6 weeks of downside... reflecting an equity market that could easily be in the sp'2040/60 zone by late Jan/early Feb.

The next VIX spike will likely not break back above the key 20 threshold
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more later.... on the indexes