VIX In Midst of Historic Indecision: Goldman

Volatility as measured by the VIX index is in an indecisive mode, reflecting the overall market sentiment . New research from Goldman Sachs says the VIX is searching for a new trading range after trading near historic low levels over the previous year.

Goldman considers recession levels to determine VIX range

In establishing a new baseline projection for a VIX trading range, Goldman considers that “26 is the median daily VIX level over the last three recessions” as it establishes both a low and a high point for its analysis.

After trading in the mid- to low teens for much of the quantitative easing economic period,...