VIX keeps on cooling

With US equity indexes closing broadly higher, the VIX was lower for an eighth consecutive day, settling -5.3% @ 17.42, having flash-printed to 16.34. Near term outlook is for continued equity upside, and that will likely equate to VIX continuing to cool, the 14/13s now look briefly possible if sp'2060s.


VIX'60min

VIX'daily3

Summary

Little to add.

VIX is set to remain subdued for another week or two.

No doubt the VIX will break above the 20 threshold in late Oct/early Nov', but for now... there is no sign of the cooling trend ending.

*I have ZERO interest in being long volatility in the near term.
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more later... on the indexes