VIX still cooling

With equities closing moderately higher, the VIX continued to cool, settling -4.1% @ 12.71. Near term outlook is for continued equity strength, and that should equate to VIX remaining within the 14/10 zone into mid May. The big 20 threshold is out of range for some weeks.


VIX'60min

VIX'daily3

Summary

Little to add.

As the equity market becomes increasingly confident, and being almost entirely dismissive of a possible GREXIT, the VIX just keeps on melting lower.

VIX 20s look unlikely until late May.. if not mid June.
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more later... on the indexes