Thursday 30 April 2015

VIX climbs into end month

With equity indexes unravelling, the VIX battled higher across the day, and into the monthly close, settling +8.7% @ 14.55 (intra high 15.29). With the sp'500 unable to hold the 50dma.. near term outlook is moderately bearish.. at least to the 2075/70 zone.


VIX'60min


VIX'daily3


Summary

Suffice to say.. despite sig' net daily declines for all equity indexes, the VIX remains at relatively low levels.

The big 20 threshold still looks out of range in the immediate term.
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more later... on the main indexes