Market is still calm as VIXs and Put/Call Ratios are not too wild.
VIX9D vs VIX are typical indicator of how scare the market sentiment is. If the short term 9 days VIX9D is higher than the 30 days VIX, it means that the option market is expectign more volatility in 9 days than in 30 days.
When couple with Put/Call Ratio they are make a pretty consistent warning signals for fear in the market.
