Equity indexes were mixed and again little-changed, as the CBOE Volatility Index was higher but still below the 11 level.
The S&P 500 was off just 0.26 points, or 0.01 percent, to 1962.61. That was just off its morning high of 1963.74, as well as the all-time high reached on Friday. It has support at 1930.
The Nasdaq 100 was up 2.68 points, or 0.07 percent, to 3805.31. That was--barely--a new 13-year closing high. The action drove its 20-day historical volatility down to 7.2 percent, at least a 52-week low. The NDX has support at 3750.
(When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns. We therefore will refrain from listing any.)
The Russell 2000 slipped 3.48 points, or 0.29 percent, to 1184.95. The small-cap index has resistance at 1190 and support at 1140.
The VIX was up 0.13 points, or 1.2 percent, to 10.98. The nine-day CBOE Short-Term Volatility Index (:VXST) was down 0.06 points, or 0.58 percent, to 10.27. Those were the lows of the day, as actual volatility has all but disappeared from this market.
The VIX futures were lower, with July contracts at 12.60 and August futures at 13.68. That pushed the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 2.47 percent to $28.83, yet another new all-time closing low.
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