VIX continues to cool

With equities closing moderately higher, the VIX remained in cooling mode, settling -5.3% @ 21.35 (intra low 21.09). Near term outlook offers threat of a brief post-FOMC sell down to the sp'1960s, but broadly... the 2040s still look due.


VIX'60min

VIX'daily3

Summary

*VIX opex was today.. so now Oct' is front month.
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Little to add.

Regardless of any brief sell down after the FOMC announcement, equities still look set to push into the sp'2000s... and VIX will surely lose the 20 threshold.

*I will look to pick up a VIX-long position (more likely, early next week), preferably in the 17/15 zone.
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more later... on the indexes