Should We Fear Market Complacency?

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Complacency in the midst of selling–
–Low SKEW implications
–VVIX back to 2020 lows
–VIX cannot catch a bid?
–lack of hedging, what does the market know?

Examining Asset Classes–
–Sector ETFs
–metals
–oil / energy
–crypto hanging on by a thread
–bonds, notes and rates

SPX Expected Move–
–last week–    100.19     (expected move)
–next week–   101.86     (expected move)

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