Wednesday 16 July 2014

VIX resumes the slide

Having seen a minor gain on Tuesday, the VIX is back on the slide, not least helped lower via new historic highs in the Dow/Trans. VIX settled -8.0% @ 11.00, having seen a brief opex morning low of 10.59.


VIX'60min


VIX'daily3


Summary

Little to add.

VIX looks set for a weekly close in the 10s... and single digit VIX can't be far away now.
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more later.. on the indexes