What a difference a few days makes.  $SPY never did see the 304ish VIX Term Structure was implying but did see some sell side pressure.  Just with in the past hour VIX TS gave a bullish signal and is implying risk on positioning in the $ES_f $SPX $VIX $UVXY https://t.co/cD8uCx39p4 https://t.co/9E3Ott08iY