VIX cools into the weekend

With a weekly sp'500 close in the 2100s, the VIX was naturally still on the slide, settling -3.9% @ 12.58. Across the week, the VIX fell by a very significant -14.2%. VIX looks set to remain subdued for the remainder of April, and perhaps all the way into mid June.


VIX'daily3

VIX'weekly

Summary

With equities continuing to hold above old resistance of sp'2088/89, the VIX (not surprisingly) fell into the weekend.

The big 20 threshold looks out of range until at least mid May.. if not June... when the key FOMC (June 17'th) is due. That could be an interesting time for volatility.

--
more later.. on the indexes