VIX jumps on Greek concerns

With the Greeks getting rowdy in the evening, the market was somewhat spooked, with the VIX climbing from an intra low of 12.81 to a high of 13.97, but settling -1.0% @ 13.23. Near term outlook offers the price gap zone of sp'2080, which should equate to VIX 15/16s.


VIX'60min

VIX'daily3

Summary

*its possible we saw some of the usual closing minute 'games', with the VIX knocked lower from the intra high of 13.97 to 13.23.
--

It would seem we have a short term low of 12.81... and are set to battle upward into the 15/16s.. probably before the weekend.

The big 20 threshold looks out of range in the immediate term.

*I am long VIX from 12.92, am seeking an exit in the 15/16s.

--
more later... on the indexes