You call this a market? Where the hell has the volume gone. S&P Futures (ES) doing the typical volumeless ramp higher, with total volume of 513k, of which 160k came from globex. ES is up 2.75 handles at 1692 even, with a session low of 1685.50. Even after a miss in existing home sales, we rally. Same shit, different day.
As volume has literally disappeared, VIX has been pushed lower, but still positive. Currently VIX is 12.81 (+2.15%), with a session low of 12.79 and a high of 13.37. Premiums are starting to drop in the front month yet again, making new contract lows. VIX Futures are relatively unchanged.