Afternoon Update

3.52 p.m. ET VIX (+3.9%) is displaying relative strength after a somewhat volatile start that included relative weakness in the morning. VIX (1m today) The overall trend switch up in October… SPX/VIX (5m) And the more recent modest relative strength the last 3 days. SPX/VIX (1m) The 30-day positive correlation with SPX is on the…

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