*it is notable that we're currently net higher for the fifth consecutive day, the best run since mid Dec'2014.
Little to add.
There is zero reason to see the market see any sig' weakness until the ECB this Thursday. That would be the valid excuse.
notable weakness, TVIX, daily
With the VIX remaining broadly subdued, TVIX is already negative, and the 5s look viable if sp'2030/40s, and VIX 14/13s.
time for tea