Should We Fear Market Complacency?

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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