VIX slides across the week

With equities breaking new historic highs, the VIX continued to broadly cool, settling -4.2% @ 14.69. Near term outlook offers a minor chance of a bounce to the 16/17s, before renewed equity upside into the sp'2125/50 zone. VIX 20s look highly unlikely in the near term.


VIX'60min

VIX'daily3

VIX'weekly

Summary

Little to add

VIX saw a notable second consecutive net weekly decline of -15.0%, settling @ 14.69.

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*I hold a VIX-long position across the long weekend, seeking an exit in the 16.50/17.50 zone next Tuesday, I am not hopeful of a breakeven exit.. and it remains a failed speculative trade.

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more later... on the indexes