Wednesday, 13 April 2016

VIX continues to cool

With equity indexes closing broadly higher for the second consecutive day, the VIX remained under downward pressure (intra low 13.60), settling -6.8% @ 13.84. Near term outlook is for the market to maintain the current levels into opex, before next opportunity of equity cooling.


VIX'60min



VIX'daily3



Summary

A second net daily decline for the VIX, as equity indexes continued to push upward.

A minor issue, that whilst the sp'500 broke a new multi-month high, the VIX is still holding above the April 1st low of 13.00.

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more later... on the indexes