Intraday Update – VIX Hit Hard

2:10 p.m. ET Here’s what’s happening with VIX… (2m) that sharp decline to the right is unnatural looking. VIX futures (1m) 3C shows a relative negative divergence at highs, and we can also see selling volume picking up. I’m not sure if the reason is options, options expiration, maybe a big fund supporting the market….