VIX fractionally higher

With the equity market cooling in the late afternoon, the VIX clawed back to positive, settling +0.9% @ 12.85. Near term outlook offers continued upside into the next FOMC of June 17th, which should equate to VIX remaining within the 15/11 zone.


VIX'60min

VIX' daily3

Summary

*with a touch of equity weakness in the late afternoon, the VIX turned positive, but still... 1% of the 12s remains a very low VIX.
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Suffice to say... market volatility remains very low. The big 20 threshold looks out of range until at least the next FOMC of June 17th.
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more later.. on the indexes