VIX climbs into year end

With equities closing the year on a rather bearish note, the VIX battled moderately upward, settling +5.3% @ 18.21. The bigger equity picture is increasingly bearish, and regardless of any equity upside in early January, the broader picture favours upside action in the VIX.


VIX'60min

VIX'daily3

VIX'weekly

Summary

*a net weekly gain of a very significant 15.7%
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It is notable that today was the fourth net daily gain of the past five days.

The highest print of the day was 20.39, but I am dismissing it on the notion of it being a 'rogue print'.

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more later... on the indexes