Subtle Whispers from Volatility and ABI: Quiet Clues of a Bearish Shift Beneath the Calm

Today’s abbreviated session was a snoozer.  The averages finished modestly higher, between +0.2% and +0.6% as volatility (VIX -3.7%) was pressed into the Christmas holiday break. The price action was subdued on expected light volume. VVIX (+0.1%) continues to display relative strength and roughly 2 days of positive correlation. The Nasdaq-100 (+0.25%) moved right into…