Slow Trading

The volatility has gone out the window and the market is struggling to break out, but also doesn't want to go down, so we have the VIX go down into the 15s.  A small pullback looks imminent with the elevated call activity in index and stock options.  I just don't see this thing going below 1386 on any dip, and the upside is limited as well.  But likely a slow grind higher into August options expiration next Friday.