The VIX is showing signs of resiliency here but will remain on the soft side below 24.29 down to 22.12. If MKT sentiment is going to turn it will here. If not the low volatility trend is set to continue with 15.81 the lower target. A held rise above 24.29 brings some skeptics into the MKT for a premium increase up to 26.15. If the fear factor is going to deflate it will here. If not the potential for an emotional pop up to 28.92 and 30.48 is real. 34.57 is the high point for any controlled panic.
JS
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