VIX

One more thing to note here is the lows happening on the VIX- That's my main reason for not going heavy long here as we are definitely very complacent with such a low VIX reading.

GOLD

Gold is getting slammed but not a surprise after we have been virtually struggling the last two weeks. Never the less that's a big hit indeed. Silver lower but not as bad comparatively. Definitely see Silver getting below $30 area. In the mean time the market continues its melt up and though the volume is light I would not be shorting here