VIX cools into the weekend

Whilst equities closed the week moderately higher, the VIX naturally cooled into the weekend, settling -4.8% @ 23.20. Near term outlook is for further equity upside to the sp'2000s, which should equate to VIX falling under the 20 threshold.


VIX'60min

VIX'daily3

VIX'weekly

Summary

*VIX saw a net weekly decline of -16.5%
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Suffice to add, VIX continues to cool from the hyper-spike of Aug 24'th.. and now looks set for sub 20s... if briefly.

Best guess.. VIX 18/17s.. then UP into October.

*I have no VIX position, will consider VIX-long after the FOMC is out of the way.

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more later... on the indexes