Market breadth has been tepid, recently. I’ll be watching VOLD today. Term structures for VIX futures and CBOE vol indices still slope upward. And while, intraday, S&P futures have a knack for the floor falling out beneath traders …there just isn’t enough catalyst in $SPX to get bearish. Pullback potential yes; crash no (gamma has that covered).
A lot of data today. Buckle up.