Thursday, 5 May 2016

VIX remains subdued

With US equity indexes closing broadly weak, the VIX battled higher from an early low of 15.22, settling -0.9% @ 15.91. Near term outlook offers the sp'2020s which should equate to VIX 18/19s. If sp'2000/1990s, VIX will briefly test the 20/21 zone... before rapidly cooling into mid month.




A day of relative minor swings for equities and the VIX.

What should be clear, sustained action above the key 20 threshold looks out of range until at least late May.

more later... on the indexes