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.


VIX'60min



VIX'daily3



Summary

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