Whilst equities saw minor swings across the day, the VIX continued to broadly cool, settling lower for the third consecutive day, -5.2% @ 18.85. Near term 'best guess', is for a break upward in equities, which should see VIX continue a journey to the low teens into February.
VIX'daily3
Summary
Little to add.
On balance.. unless Draghi bizarrely disappoints tomorrow morning.... equities look set to climb.... with VIX melting lower into the coming weekend.. if not all the way into early February
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more later... on the indexes
