Global unease for the last five years has kept the heat on the financial markets. The old adage of ‘never short a dull market’ hasn’t applied. Though it should be held that dullness isn’t something readily measured.

Volatility, on the other hand, can be told from VIX readings, which give us a number to put on movement in the OEX options market (that’s S&P 100.) Monday’s reading of 18.75 tells us we’re nearing levels of exaggerated complacency. Readings under 16 are more significant when it comes to marking potential market turns. The other side of this scale would be high readings above 45 that would indicate excessive fear.