Like Haden warned us, based on ASDFG levels, on 7/31 markets broke under the VFLIP Volatility Indicator, triggering a market environment market by high volatility. As you can see that proved true with >10 days in a row with a >1% move. With a major options expiration at the end of the week there should be more volatiltiy. If markets break above the 2935 level dealer flow will begin to suppress volatility and could lead to a nice move up in markets.
