With equity indexes settling higher for a third consecutive day, the VIX was naturally still in cooling mode, settling -6.2% @ 15.57. Near term outlook offers the sp'2100s before year end, and that will likely equate to VIX 13/12s. The big 20 threshold looks out of range until at least the latter half of January.
VIX'60min
VIX'daily3
Summary
Not surprisingly, equities continue to push higher, and that is leading to the VIX continuing to cool.
VIX looks set to remain broadly subdued for at least another 2-3 weeks. The big 20 threshold looks out of range until late January.
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more later... on the indexes
