This morning around 3:15 AM, the VIX futures gapped up. (Do remember that the VIX moves opposite to the stock market.)Â
The VIX was up this morning amidst strength coming from Institutional Investors and high Inflowing Liquidity levels last Friday which should prevail during the day.
FYI ... We do want to see the VIX stay below 11.52 and preferably below 11.36 today.