The US Fear Index (VIX) is looking more confident above the psychological 20 area, overnight it closed above 21 as US stocks reversed early gains closing into fresh session lows. At this stage our best guess is still the VIX will retest the 30 (again) and potentially 40 areas if the current stock market wobbles does manifest itself into a full blown classic May / June pullback.
MM remains bullish volatility at current levels
Add To Hit List
