Tuesday, 10 November 2015

VIX moderately lower

With equities closing moderately mixed, the VIX settled -7.4% @ 15.29 (intra high 16.96). Near term outlook offers renewed equity weakness.. at least to the 200dma in the low sp'2060s. If sp'2020s, that will equate to VIX in the low 20s... briefly.




So, a net daily decline, with the VIX struggling to break/hold the upper teens.

Despite today's decline, a brief foray above the key 20 threshold looks due... early next week.... with threat of the sp'2020s.. before renewed upside.

more later... on the indexes