· Markets are quiet today with some consolidation happening as the markets reach all-time highs and find new leadership. The Russell 2000 Index is also nearing another all-time high and the NASDAQ is trending up, as well.
· The VIX Index is below 23. There may be an indication that the markets are stabilizing if it falls below 20.
· VIX futures are falling along with the VIX Index, but the VVIX Index is still up, near 115. Movement could shift either way and markets should be cautious of a pull-back due to continued consolidation.
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