VIX cools a little

With equity indexes closing moderately mixed, the VIX cooled a little, settling -2.9% @ 26.83 (intra high 28.20). Near term outlook offers further equity downside to sp'1820, and that would likely equate to VIX in the 33/35 zone.


VIX'60min

VIX'daily3

Summary

Not much to note.

The daily closing candle was a reversal doji candle. First upside target is the 29/30 zone.. that looks probable on any initial break of sp'1867.

If sp'1830/20... then VIX will be in the mid 30s.
--

*I am long VIX from 26.98.. seeking an exit in the 30s
--

more later... on the indexes