Today certainly was. Read this article and laugh: http://www.zerohedge.com/article/gfi-group-all-about-not-leaking-block-orders-algos-during-melt-ups
Complacency? R U sure? Market touches lows, and vix does not make/touch a new high. Is there not another conclusion you can draw?
If it goes down to the teens, how would you feel about a VIX in the 30s? Maybe you should be thankful for current VIX values.
Weirdness for sure. .gov outta money. ECB outta money. China all bought up. Gonna be hard to hold this sucker up. Options expiration look like 1050 in the spoos. But the range before June 18th will likely be 1076 to 1023. After that I think it's going to 998. But WTFDIKATS