1 DAY VIX

Jun 14

Nearing levels where 1 day implied volatility spiked.
Market concentration and poor volume leed to depressed vol

Jul 15

Note

Despite the calm and seasonality, 1 day VIX hasn't made a new low. Levels to be watched, 16/17 range and the breaking of the downtrend line

Aug 1

Note

Testing the upper part of the channel. If it consolidates above 18, probably means we have seen a market high in SPX that won't be revisited for a while

Aug 9

Note

VIX futures have spiked over the trendline. This is a real proxy, not like the VIX spot, as it is built using actual trades on the SPX futures.